Feed-in tariffs (FIT) have been created by the Queensland for electricity generating solar photovoltaic (PV) systems.
It is a way of subsiding renewable energy. Both net and gross feed in tariffs have been introduced by various governments. Queensland uses the net FIT system where electricity produced just offsets the producers usage.
Brisbane Southside Electrician Jeff Thatcher
The average home uses approximately 6.1MW a year.
This is 16.71 kWh per day.
Solar PV modules supply DC power.
An Inverter changes the solar DC power into 240v alternating current (AC) suitable for your household appliances and feeding into the grid.
Your home uses power freely from the solar PV modules with additional demand supplied from the grid.
A meter measures your electricity production and consumption.
Any excess is "exported" to the electricity grid.
Kilowatts (kW) are a measure of electricity usage/generation (e.g. right now your system is producing 2.5kW).
Kilowatt-hours are a measure of cumulative electricity usage/generation over time (e.g. your system produced 7kWh of solar power today, and your home used 16kWh of power to run its appliances.)
When referring to solar PV system capacity, the term kW is usually used – this indicates the 'peak' capacity of the panels or system; real-life production will likely be lower, depending on conditions.
So you can see in the video under the Net Feed-in tariffs most common in Australia based on an 8c/kWh tariff the daily gain in value is approximately $3.
Net Feed-In Tariffs
Almost all FiTs around Australia are now net FiTs. This means a household is only paid for surplus electricity fed into the grid after domestic use is subtracted. If your system produced 3000kWh, for example, and you used 2500kWh of electricity in your home during the day (the time when your PV system was generating power), the rate is only paid for the 500kWh difference.
As an example, if this system was in Queensland, where a net Solar Feed-in Tariff is in place, its owner would earn: 7.04 kWh x 8c/kWh = $0.56 in feed-in tariff income (7.04kWh is the surplus amount of solar energy generated and exported to the grid) as well as save: 9.67kWh x 22.2c/kWh = $2.15 in electricity you would otherwise have to pay for. Giving a total benefit of $2.71.
Warranties and Guarantees
The solar panels with 25-year performance warranties (typically warranting that the panel will still produce at least 80% of its claimed power rating after 25 years) plus a 10 to 12 year warranty for the panels etc itself. An installer may also give warranties for the mounting frame, workmanship and so on.
Metal Roofing experts say a metal roof does not stop you from installing a solar system.
Add a comment to this article via your Facebook Login
09/10/2018 Anatomy of a local Google Search »
19/09/2018 A French Affair and Dangerous Liaisons »
17/09/2018 Break-even Analysis for Bookkeeping »
23/08/2018 Recycled Timber Architecture Features »
09/08/2018 The Un-natural Art of the Wheel »
03/08/2018 How much should you spend on a website? »
24/07/2018 A Brief History of Kimono and Obi »
11/07/2018 What do we mean by home automation? »
11/07/2018 Southport Mechanic »
06/06/2018 Seeing Red over Cola »
04/06/2018 TERMITES - PLAYING THE GAME »
28/05/2018 Why a Multi-Skilled SEO offers better value »
11/05/2018 How does the DREAM turn into a SCREAM? »
07/05/2018 The Alarming History of Geese, Dogs and Bells »
05/04/2018 Air Spider »
13/03/2018 Planting a hedge fence »
09/02/2018 Life Saving Tyre Accessories »
06/02/2018 The bakers oven stops »
06/12/2017 Relationship Counselling - the volatile couple »
09/11/2017 Don't kill the ants »
25/10/2017 Plumbing, the Ancient Art of Managing Water »
11/10/2017 The Secret Life of Micropiles »
29/09/2017 Foundation Underpinning »
08/09/2017 Termites the secretive pest »
07/09/2017 Sharing your Google Analytics »
05/09/2017 Website speed test claims put to the test »
23/08/2017 Custom Timber Dining Tables »
23/06/2017 Kitchen Renovation Alfresco BBQ »
12/06/2017 Hire a photo booth »
10/05/2017 My Site Dropped out of Google »
20/04/2017 Recycled Timber comes with a story »
08/04/2017 Light Up Your Home »
12/12/2016 Evolving eCommerce with SEO »
05/12/2016 Image Manager 4 Released »
14/10/2016 Classic Gold Coast »
26/09/2016 Techheads who can market »
09/09/2016 Issues with childhood photography »
30/08/2016 Never Make an Impulse Buy »
15/08/2016 Using the potential of YouTube »
02/08/2016 How to add a review to Google Places »
26/07/2016 Servicing your air-conditioner »
22/07/2016 Eco-friendly Home Building »
13/06/2016 Timber Floors »
13/05/2016 Timber Furniture Gold Coast »
13/04/2016 Interactive Charts »
18/02/2016 Ideas for creating passive income »
29/01/2016 Better Childhood Photography »
30/12/2015 Gold Coast Real Estate »
05/11/2015 Kindergarten Photographers »
23/09/2015 Low Budget High Impact Web Videos »
08/09/2015 Pool Inspection Laws Queensland »
23/07/2015 Protection against power surges »
13/07/2015 Intelligent Security Systems »
17/06/2015 Advanced Security Cameras »
15/01/2015 Is your security provider licensed? »
06/01/2015 Inspired by Necessity »
07/12/2014 Social Media vs SEO for sales generation »
01/11/2014 Responsive Websites vs a Mobile version »
08/09/2014 Simplify Writing - Get that job »
08/04/2014 Cockroaches like BBQs too »
27/03/2014 Admin System Mark 3 »
12/02/2014 HTML5 improving SEO and Social Interaction »
17/01/2014 TV Commercials with impact - on time »
02/12/2013 Negative SEO »
29/11/2013 A flexible e-mail system »
13/11/2013 Social Media Strategies for SEO »
15/10/2013 Web Video Production »
26/09/2013 Soft drinks can damage your teeth? »
29/08/2013 Haridresser Gold Coast »
26/08/2013 Jet Boat Ride Gold Coast »
06/08/2013 Dental Site Videos »
03/08/2013 Gold Coast Tradesman Directory »
02/07/2013 Creating audio for your site via your iPhone »
23/04/2013 Yellow Pages Google Partnership Unfair »
17/08/2012 Facebook Account Security »
06/07/2012 Gold Coast a great place to Study »
22/12/2011 New Real Estate System »
17/10/2011 Managing your domains a quick guide »
04/04/2011 Our Facebook Application »
01/02/2011 Video Marketing »
05/01/2011 Questions to ask your web developer »
28/12/2010 Health and Fitness sites »
28/12/2010 Surfboard for sale site launched »
09/12/2010 Why is my content management system so slow? »
26/11/2010 Google now includes local places results »
31/10/2010 Getting Listed on Google Places very important »
19/10/2010 Security Systems site launched »
28/09/2010 Google Personalized Searches »
13/09/2010 Web Marketing – To Green or Not to Green? Beware! »
09/09/2010 Jet ski or Jet boat Gold Coast »
19/07/2010 Java Web Hosting »
07/07/2010 Assess your eCommerce opportunities »
11/06/2010 DIY SEO »
26/05/2010 Planning a website »
22/04/2010 Enhanced Email Marketing Tool for your website »
12/04/2010 Site Speed is important for Google »
26/03/2010 360 degree Panoramas + Google Maps »