Under the new scheme introduced by the State Government, eligible customers will be paid a feed-in tariff of 60 cents per kilowatt hour (kWh) for energy generated by small scale solar systems or wind turbines.
Based on the total solar energy produced rather than what you don’t use, the scheme will see an average household paid around $1496 a year. That’s a 62 percent increase on the previous arrangements.
Considering the cost of electricity is normally around 17 to 20 cents kWh, systems installed under the scheme will pay for themselves in a far shorter time, after which they will generate an income for households.
For further details of the Solar Bonus Scheme, please visit
www.industry.nsw.gov.au/energy/sustainable/renewable/solar/solar-scheme
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