Feed in Tariffs and RECS

What is a Feed in Tariff?

A feed-in-tariff is a fee paid to you by your energy retailer for each kWh of energy your solar system generates and returns (aka feeds in) to the grid. Depending on which state you are in, the type of tariff and the amount paid varies.

For more detailed information on feed in tariffs, download the Feed in Tariff Table (PDF 87kb).

Net Feed in Tariff vs. Gross Feed in Tariff

Feed in Tariffs are provided by various state governments and utility providers and are another additional advantage of installing solar power. Energy retailers offer a premium payment (3-4 times the retail rate) for your solar electricity depending on your State.

A majority of Australia´s current Feed in Tariffs schemes are "Net", which means you are paid for excess electricity fed back into the grid from your grid connect solar system. In comparison, under a Gross Feed in Tariff scheme, you are paid for all electricity generated by a solar power system which has been connected to the grid. In addition to feed in tariffs some energy retailers provide a "top-up", paying customers an additional credit (on top of the state legislated Feed in Tariff) for surplus energy.

 Renewable Energy Certificates (RECs)

A REC is like a share and is traded like a commodity on the REC market.

Under the Australian Government´s Renewable Energy Target (RET) new solar and heat pump hot water heaters may be eligible to create Renewable Energy Certificates (RECs).

We can advise you on the number of RECs assigned to your solar power system and offer you a point of sale discount for the current market value of the RECs - which means the cost of solar system to you is reduced, making it even more affordable to get solar electricity.

More information about RECs is available on the  Office of the Renewable Energy Regulator website.