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- Turn your unused solar energy into rebates. Feed-in tariffs let you convert excess energy into a credit on your bill.
- Encourage environment-friendly energy. Feed-in tariffs are a decent incentive to make eco-friendly solar generation more cost-effective.
- High-export houses can benefit. If your house runs on mostly solar power already and you have some to spare for export, getting a high tariff has no downsides.
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- Feed-in tariffs are much lower than usage rates. You save far more money by using your solar power and not buying grid power rather than exporting it.
- High feed-in tariffs mean higher usage rates. Plans that boost your export price almost always make it pricier to buy power from the grid too.
- Strict eligibility requirements. Retailers often limit their highest rate to the following:
- Customers with solar systems under a certain size (usually ~10kW)
- The first few kWh exported per day (typically ≤5kWh)
- The first 6–12 months of your plan
- Customers who purchased their solar system through the retailer
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