How Feed-in Tariffs Work for Central Coast Solar Users

Feed-in tariffs (FiTs) play a vital role in the economics of residential and commercial solar systems across the Central Coast. Whether you're just beginning to explore solar panel installation Central Coast options or already have a system in place, understanding how feed-in tariffs work can help you get the most from your investment.

What Is a Feed-in Tariff?
A feed-in tariff is the rate paid to solar system owners for excess electricity exported back to the grid. This typically occurs when your system produces more electricity than your household consumes at any given time. The surplus energy is sent to the grid, and your electricity retailer provides a credit on your bill, usually calculated in cents per kilowatt-hour (kWh).

In New South Wales, including the Central Coast, feed-in tariffs are not regulated by the government. This means electricity retailers are free to set their own rates, which can range from around 5 to 15 cents per kWh. Since these rates can vary significantly, it’s important to compare electricity plans to ensure you’re receiving the most competitive return.

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