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Solar power systems save you money. Here is a table of what a 1.5kW solar electricity system could save you in various states of Australia thanks to improved solar “feed-in-tariffs”.
| State |
Tariff |
Type of Tariff |
Estimated Savings p/yr
(based on 1.5kW system) |
| NSW |
Approx 24c/kWh^ |
Net^ |
$500-$550^ |
| QLD |
Up to 50c/kWh |
Net |
$700 - $800* |
| ACT |
Approx 14-16c/kWh |
Net |
$300 - $360
|
| VIC |
60c/kWh |
Net |
$800 - $900* |
| SA |
44c/kWh |
Net |
$723* |
* based on 50% (approx 3kWh) of the solar electricity generated being fed into the grid, and an average retail rate of 16 cents
^ NSW Solar Bonus Scheme and net tariff rates will be reviewed in the coming weeks. Above are saving estimates based on probable outcome
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