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Showing posts from October, 2024

Solar Australia – Making Solar Panels Affordable in the ACT

ACT residents can save money on energy bills and earn credits for their excess electricity by installing solar panels . Incentives like the Solar Feed-in Tariff (FiT) help make this technology even more affordable. FiT rates vary by energy retailer and plan size, and can include time-variable tariffs. Getting the best rates requires comparing plans and understanding how your solar system will benefit you. Solar Feed-in Tariff (FiT) The Solar Feed-in Tariff (FiT) is a policy tool that encourages the adoption of renewable energy technologies like solar power . It also helps achieve the goals of countries and regions for reducing greenhouse gas emissions. It is an effective way to promote clean energy while minimizing the cost of implementation. The FiT program offers significant up-front incentives in the form of Small-scale Technology Certificates (STCs), which utility companies are obligated to purchase under Australia’s National Renewable Energy Target. These STCs are then trad