PV feed-in tariff for Qld

[Mark Gerrard]

Qld. has just announced a 44c/kWh feed-in tariff for grid-tie PV systems starting July 1. It's going to be guaranteed for 20 years although they'll be doing a review after 10. The tariff is paid on surplus electricity exported to the grid - for a small residential system where you're out all day & have minimal loads running then this could be worthwhile (it will encourage PV owners to be even more miserly with their energy use).

 

More info here http://www.dme.qld.gov.au/Energy/solar_feed_in_tariff.cfm

 

Because of the high limit allowed - 100 MWh/year (280 kWh/day) - & the guaranteed payment, this starts to make large scale installations look financially worthwhile. Expect to see community co-op power groups happening in the next year or two, especially if PV prices start to come down with new manufacturing plants coming online this year.

 

Cheers Mark