A feed-in tariff is just another great benefit of installing solar panels. The renewable energy feed-in tariff is a rate paid to eligible households, small businesses and community organisations for excess electricity fed back to the electricity grid from designated renewable electricity generation sources such as solar panel systems, solar thermals, hydro systems or wind turbines.

The New Year came with changes that affected various solar feed-in tariff schemes in some Australian states. Apparently, the adjustments made to the New South Wales had the most impact on solar homes and businesses.

The legacy Transitional and Standard Feed-in Tariff Schemes (TFiT and SFiT) in Victoria have been drawn to a close, impacting about 70,000 solar homes and businesses.

Zero-emission electricity is now affordable for Australians without the risks of being left without power. With the rapidly changing electricity prices and rise of alternative sources of energy to the grid, the Australian Government is reviewing the market to ensure reliable and secure power can be provided to all.

One of the world’s top electric vehicle manufacturers, Nissan, has signed a deal with utility corporation Endesa that will allow owners of EVs to sell excess renewable energy stored in their batteries to the electric grid.