Global FIT overview
Feed-in tariffs: South Australia reduces its FIT to a fair and reasonable value. Brunei declares its intentions to introduce a FIT. The Czech Republic kicks an industry when its down. And a few more utilities in the United States have begun offering their customers FIT programs to compete with those already in place.
Australia As of October 1, 2013, South Australia has reduced its feed-in tariff (FIT) from AU$0.16/kWh (US$0.15/kWh) to what it deems the “fair and reasonable value” of AU$0.098/kWh. Throughout July, the Essential Services Commission Of South Australia (ESCOSA) received submissions from stakeholders regarding the rate, which will be amended from January 1, 2014, onwards. Victoria …
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