Solar Feed-In-Tariff

Australia Capital Territory’s Minister for the Environment Simon Corbell has indicated that an evaluation of the state’s roof-top solar feed-in-tariff initiative indicates the strategy has been a success.

“The ACT went from less than 1000 connections prior to the start of the scheme in 2009 to 10,175 Feed-in-Tariff-supported connections with a capacity of 26.0 MW in operation today. These installations are spread right across Canberra in all established suburbs,” Mr Corbell stated.

Additionally the feed-in-tariff backed installations, 18.8 megawatts of non FiT supported solar panel capacity is installed in the Australian Capital Territory; for a total of less than 45 megawatts of solar PV.

Based on the current analysis from Australia’s Clean Energy Regulator, there are recently about 15,933 small scale solar power systems in the state. The postcode with the greatest quantity of solar panel arrays is 2615, which accompanies Charnwood, Dunlop, Florey, Flynn, Fraser, Higgins, Holt, Kippax, Kippax Centre, Latham, Macgregor, Melba, and Spence.

The Minister indicated that the installation cost of solar PV systems in the Australian Capital Territory is assumed to have reduced by over 70 percent during the period the more ambitious strategy was open to new applicants. The evaluation indicates solar is now cost-effective without extra government subsidies.

With regard to the analysis by Energy Matters, “a 5.2kW solar power system installed in Canberra can return a financial benefit of $1,001 – $1,446 a year depending on installation scenario and

consumption profile. For those installing solar panels now, the feed-in tariff rate for surplus electricity is 6.0c – 7.5c per kilowatt hour”.

Other solar homes in the Australian Capital Territory would now be preparing for the battery storage revolution.

Factsthrough the Clean Energy Council indicates that “feed-in-tariffs are not payable in the Australian Capital Territory if a system includes a storage device connected to any other source of electricity, except in the case of a compliant renewable energy generator under the Electricity Feed-in (Renewable Energy Premium) Act 2008 (PDF)”.

The Australian Capital Territory has set a target of 100 percent renewables by 2025, which includes the electric light rail project connecting Canberra’s Civic to Gungahlin in the north.

A month ago, Minister Corbell stated the Territory was on its way to attaining its 2020 90 percent target; with 60% to be achieved by 2017 and 80 % by 2018.