What is a solar feed-in tariff?
Solar feed-in tariff (FiT) is a government-mandated policy that is designed to promote investment and the small-scale production of renewable energy sources. This policy exclusively benefits those whose solar panels produce more electricity than is needed and who do not have a battery system to store it. Solar energy consumers get credit for the leftover electricity they deliver back to the electricity grid. This can offer significant savings to homeowners and businesses looking to go solar.
The main idea behind the solar feed-in tariff (FiT) is to incentivize and encourage more people to use renewable energy sources.
Are FiTs still worth it?
The short answer to it is – yes. Although the rates are not as generous as they used to be, it doesn't mean that investing in solar energy is not good anymore. When you compare the feed-in tariff rates offered by the Australian government with the rates of other forms of electricity generation, it is clear that the feed-in tariff is still worth it.
Increasing energy costs: Why should you opt for solar with battery?
Solar with battery systems provide a reliable and sustainable source of energy. By storing excess solar energy in a battery, you can continue to power your home or business even during power outages or at night. Additionally, using a battery allows for greater energy independence and the ability to use stored energy during peak usage times, potentially reducing energy costs. Overall, solar with battery systems offer a durable and efficient energy solution for any home or business.
How to find a good deal on solar?
When it comes to solar, you want to make sure that your investment is going to pay off. That's why it can be so important to find a good deal on solar panels.
Here are some tips for finding the right deal for you:
Estimate how much power your home needs
You can do this by taking an inventory of everything that uses electricity in your home and putting them into categories—lights, dryers, etc. Then you can determine how much electricity each appliance consumes and add that up to get an estimate of your household's monthly consumption. As an alternative, you might review your previous bills to determine what your daily average use was.
Know what kind of solar panel system you need:
Once you have an idea of how much energy your home uses per month, you will need to find the best options for solar panel systems for you based on your home's needs. Although, there are three options available for you: On-Grid Solar System, Off-Grid System, or Hybrid Solar System
Get quotes from multiple installers and compare the prices.
Once you've picked out what type of solar panel system you want for your home, it's time to get quotes from multiple installers and compare the prices.
Check through Certification and Warranty.
Another thing to consider is whether or not the solar system you are getting comes with proper certification and warranty. This will give you peace of mind knowing that your installer has been vetted by the organization in question and meets their standards for quality workmanship and customer service.
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