NSW residents have a great opportunity open to them at the moment – and so now is the time to consider Solar PVs. The sooner you get onto the Scheme, the more benefit there is to reap, so keep reading…!
To answer all the main questions regarding the NSW Solar Bonus Scheme, see the link to the Frequently Asked Questions below.
Though the main key features of NSW Solar Bonus Scheme include:
- It will credit customers with a ‘gross’ feed-in tariff rate of 60 cents per kilowatt hour for all the electricity that their eligible solar photovoltaic (PV) system or wind turbine generates, for the life of the Scheme – which commences on 1 January 2010 and operates for 7 years.
- Solar PV systems and wind turbines up to 10 kilowatts in size will be eligible.
- The Scheme will be reviewed in 2012, or when the installed capacity of renewable energy generators participating in the Scheme reaches 50 megawatts, whichever occurs first.
A gross feed-in tariff means that you can sell ALL electricity produced to by the panels, into the state’s power grid, and receive 60 cents per kilowatt hour – regardless of how much your home uses.. So you are saving & earning at the same time!
This means that the pay-off period of the panels is significantly reduced.
NSW Solar Bonus Scheme – Frequently Asked Questions
The findings of a survey of NSW people’s environmental knowledge, attitudes and behaviours in 2009, wsa published last month.
