|Policy Type:||Economic Instruments>Fiscal/financial incentives>Feed-in tariffs/premiums|
|Policy Target:||Energy Sector>Electricity Generation>Renewable>Wind, Energy Sector>Electricity Generation>Renewable>Solar Photovoltaic|
|Agency:||Department of Industry, Resources and Energy|
|Legal References:||Electricity Supply Amendment (Solar Bonus Scheme) Act 2009|
The New South Wales feed-in tariff provides a premium gross tariff of AUD 0.60/kWh for all electricity generated by roof-top solar photovoltaic (PV) systems or wind turbines up to 10kW. For customers with a net rather than gross meter, the feed-in tariff is provided on a net basis for electricity exported to the grid in excess of that used on the premises. The scheme is available to electricity consumers with annual consumption up to 160 MWh, and will run for 7 years. The tariff is set for the life of the scheme, but the scheme will be reviewed at the first of 2012 or 50 MW installed. The Scheme is closed to new applicants. Customers who applied to join the Scheme by midnight 28 April 2011 were able to proceed with their connection until 30 June 2012 in order to receive Scheme payments. Systems connected from 1 July 2012 are not eligible to receive scheme tariff payments.
The NSW Solar Bonus Scheme was closed on 31 December 2016 and as of 1 January 2017 and therefore no payments (of 60c or 20c per kilowatt hour) for the solar power fed into the grid. The tariff has now reverted back to an unsubsidised feed-in tariff as nominated by the retailer for the electricity the panel owner feeds into the grid.
Last modified: Tue, 09 May 2017 15:17:34 CEST