Feed-in tariffs (FITs) in Australia

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Australian Capital Territory

The ACT FIT pays AU$0.0395/kWh for systems under 30 kW, guaranteed until 30 June 2020. This is less than the average consumer price of electricity.

Source:ActewAGL

New South Wales

New South Wales’ FIT scheme was cancelled on April 28, 2011. The alternative is the Small-scale Technology Certificates (STCs) scheme, in which one STC represents 1 MWh of clean electricity. As of December 2015, prices ranged from AU$38-$40 per STC (AU$0.038-0.040/kWh).

Daily spot prices for STCs can be found on the website of Greenbank (http://www.green-bank.com.au/stc-trading/daily-prices/) or CO2 Markets (http://co2markets.com.au/).

Source:Clean Energy Regulator

Northern Territory

As of August 1 2014, the Power and Water Corporation has improved the application process such that domestic PV systems can be connected to the power network without undertaking extensive investigations. The maximum size that can be installed on a normal residential dwelling is a 4.5kW array. Jacana Energy also offers the following rates as of January 1, 2015: Domestic customers – Flat buyback rate: AU$0.2688/kWh Commercial customers – Standard flat rate: AU$0.3128/kWh

Source:PowerWater

Jacana Energy

Queensland

SizeIncentiveTerm
<5kWAU$0.06348/kWhUntil 2015

Source:Queensland Competition Authority

South Australia

SizeIncentiveTerm
<30kWAU$0.068/kWh*Until 31 December 2016

* This “fair and reasonable value” will be reviewed by ESCOSA and amended from January 1, 2017 onwards.

Source:Government of South Australia

Victoria

SizeIncentiveTerm
<5kWAU$0.05/kWhUntil 31 December 2017
5-100kWAU$0.05/kWhUntil 31 December 2017

Source:Victorian FITs

Western Australia

Western Australia has the Renewable Energy Buyback Scheme (REBS) capped at a maximum system size of 5 kW, that pays residential customers AU$0.071350/kWh. Commercial businesses may not apply, and non-profits and educational institutions may select from a range of tariffs – click the link for more info.

Source:Synergy

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