New higher feed-in tariff in Queensland

It’s good to see Queensland electricity retailers are stepping up the rate they pay customers on the net feed-in tariff for solar energy.

AGL recently announced a “Premium Solar Rebate” – customers can now be paid 52 cents for every kilowatt hour of electricity they produce on their rooftops but don’t use.

AGL has beaten Origin’s feed-in tariff rate of 50 cents per kWh.

These rates compare to approximately 18 cents per kilowatt hour to buy electricity from the retailers. It all means homes with solar power systems on their rooftops can be paid for their surplus power and have the systems pay for themselves.

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This entry was posted on Tuesday, December 8th, 2009 at 8:06 pm and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.