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Thread: Powershop

  1. #1
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    Default Powershop

    This came attached to an email Getup, it is quite vague on costings, gives a donation to the Getup org.
    But can some one explain to me what does the following mean in regards to solar rebates
    For PFIT, $0.68 per kWh of net export generated
    .. TFIT, $0.33 .. .. .. ..
    '.. SFIT, $0.08 .. .. .. ..
    There is a fine line between "Hobby" and "Madness"



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    TFIT.
    Transitional Feed-in Tariff
    The Transitional Feed-in Tariff replaced the Premium Feed-in Tariff in 2011 and closed to new customers on 31 December 2012.
    This scheme offered eligible properties with small-scale solar PV systems of five kilowatts or less a minimum credit of 25 cents per kilowatt hour for excess electricity fed back into the grid.

    SFIT.
    Standard Feed-in Tariff
    Standard Feed-in Tariff arrangements closed to new applicants on 31 December 2012.
    The Standard Feed-in Tariff generally provides a 'one-for-one' rate*, based on the retail electricity rate paid by the customer, for excess renewable electricity generated by eligible properties across Victoria.
    Customers with solar or other renewable energy systems, such as wind, hydro or biomass, with a system size of less than 100 kilowatts were able to access the scheme prior to its closure. However, in 2012, for the period that the Transitional Feed-in Tariff (TFIT) was open to new applicants, there was no requirement for electricity retailers to offer the ‘one-for-one’ SFIT to solar PV customers with systems of 5kW or less. Provided they met the relevant eligibility criteria these customers would generally have been offered TFIT.
    Existing customers should be able to access their 'one-for-one' rates until 31 December 2016 (see below for further detail). The specification of an end date was in response to the recommendations of the Victorian Competition and Efficiency Commission (VCEC) as part of its review into distributed generation and feed-in tariffs.
    Learn more about the 2012 VCEC review.
    The 'one-for-one' Standard Feed-in Tariff was intended to provide a means of offsetting your electricity consumption.

    PFIT.
    Premium Feed-in Tariff
    The Premium Feed-in Tariff started in late 2009 and closed to new applicants at the end of 2011.
    The scheme offered eligible households, businesses and community organisations with small-scale solar systems of five kilowatts or less a credit of at least 60 cents per kilowatt hour for excess electricity fed back into the grid.
    More than 88,000 Victorian households, small businesses and community groups are now benefiting from the Premium Feed-in Tariff.


    All Info gathered from:
    In hindsight I should have posted my Facebook status as: "I've blown the head gasket on my 1997 XR3i" rather than "I've just buggered a 14 year old escort".
    The police still haven't seen the funny side, my lap top's been confiscated and the wife has gone off to her mum's.

  • The Following 2 Users Say Thank You to Seymour Butts For This Useful Post:

    allover (22-08-14),gordonwh40 (23-08-14)

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