Last month saw a very positive piece of breaking news in the solar industry with the ACT Government passing legislation to introduce a feed in tariff (FiT) for medium scale solar in the ACT.
The gross FiT is now available for installations 30kW to 200kW in size, and specifically opens the market to larger commercial and industrial applications.
John Grimes, Chief Executive of the Australian Solar Energy Society said, "[t]his is an important move because it allows greater economies of scale in deployments, and also targets a part of the market where the electricity demand profile closely matches solar energy production."
The scheme start date and FiT rate have not yet been announced, but it is expected to start shortly with an initial rate of around 34c per kWh to be paid.
We're thrilled with this news which finally presents an incentive for larger scale solar installations - something we believe is very necessary to push clean energy progress forward. As touched upon in our previous blog, smaller scale solar installations can be less efficient and there is no logic in limiting solar generation in this way. We hope to see other states follow ACT's example.