The Austrian government announced in late December that PV systems up to 200 kW installed under the FIT scheme will be entitled to receive a tariff of €0.0791 per kWh in 2018. It added that the FIT will drop to €0.0767 per kWh in 2019.
Overall, OeMAG, which is privately owned and entrusted with the public service obligation of buying all renewable electricity and selling it, has allocated around €8 million for the 2018 FIT program.
Project developers must send their application starting from January 9. As FITs will be prioritized for self-consumption projects, the applications will be ranked according to the self-consumption rate of the installations and, in the case of applications with the same rate, on a first-come-first-served basis.
Only the specified percentage of the injected electricity will be reimbursed under the newly launched scheme. So, with 80% solar self-consumption, there is compensation for 20%.
Popular content
In addition to the incentives represented by the FIT, there is a second funding pot in Austria, which tops €15 million for this year. It includes a rebate for PV systems, as well as electricity storage. Of these funds, €9 million will be devoted to solar rebates, while the remaining amount will be used to promote the use of storage systems.
The rebate amount for PV systems is also fixed. For plants up to 100 kW, there are rebates totaling €250 per kW of installed power. Larger plants, meanwhile, receive €200 per kW installed. However, the subsidy is capped at a maximum of 30% of the buying cost of the PV system, which should be no larger than 500 kW.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.