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Everything you need to know about Feed-in-Tariffs

Solar feed-in tariff (FiT) is a government-mandated policy that is designed to promote investment and the small-scale production of renewable energy sources. This policy exclusively benefits those whose solar panels produce more electricity than is needed and who do not have a battery system to store it.

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Everything you need to know about Feed-in-Tariffs

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  1. anNSEGCompany Everything you need to know about Feed-in Tariffs What is a solar feed-in tariff? Solar feed-in tariff (FiT) is a government-mandated policy that is designed to promote investment and the small-scale production of renewable energy sources. This policy exclusively benefits those whose solar panels produce more electricity than is needed and who do not have a battery system to store it. Solar energy consumers get credit for the leftover electricity they deliver back to the electricity grid. This can offer significant savings to homeowners and businesses looking to go solar. The main idea behind the solar feed-in tariff (FiT) is to incentivize and encourage more people to use renewable energy sources. www.sunboost.com.au

  2. Are FiTs still worth it? The short answer to it is – yes. Although the rates are not as generous as they used to be, it doesn't mean that investing in solar energy is not good anymore. When you compare the feed-in tariff rates offered by the Australian government with the rates of other forms of electricity generation, it is clear that the feed-in tariff is still worth it. Increasing energy costs: Why should you opt for solar with battery? The short answer to it is – yes. Although the rates are not as generous as they used to be, it doesn't mean that investing in solar energy is not good anymore. When you compare the feed-in tariff rates offered by the Australian government with the rates of other forms of electricity generation, it is clear that the feed-in tariff is still worth it. How to find a good deal on solar? When it comes to solar, you want to make sure that your investment is going to pay off. That's why it can be so important to find a good deal on solar panels. Here are some tips for finding the right deal for you: Estimate how much power your home needs You can do this by taking an inventory of everything that uses electricity in your home and putting them into categories—lights, dryers, etc. Then you can determine how much electricity each appliance consumes and add that up to get an estimate of your household's monthly consumption. As an alternative, you might review your previous bills to determine what your daily average use was. Know what kind of solar panel system you need: Once you have an idea of how much energy your home uses per month, you will need to find the best options for solar panel systems for you based on your home's needs. Although, there are three options available for you: On-Grid Solar System, Off-Grid System, or Hybrid Solar System Get quotes from multiple installers and compare the prices. Once you've picked out what type of solar panel system you want for your home, it's time to get quotes from multiple installers and compare the prices. www.sunboost.com.au

  3. Check through Certification and Warranty. Another thing to consider is whether or not the solar system you are getting comes with proper certification and warranty. This will give you peace of mind knowing that your installer has been vetted by the organization in question and meets their standards for quality workmanship and customer service. How much do retailers pay for FiTs? Another thing to consider is whether or not the solar system you are getting comes with proper certification and warranty. This will give you peace of mind knowing that your installer has been vetted by the organization in question and meets their standards for quality workmanship and customer service. Read more information Click here Call Sunboost today on 1300 786 266 info@sunboost.com.au Follow us on: www.sunboost.com.au

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