The latest research is showing that Australia is quickly becoming one of the leading proponents of solar energy, and this is evident everywhere including Frankston solar quotes that give indications of the increasing demand for an affordable and eco-friendly power source.

Saving and Making Money

There was a time when solar panels and systems were very expensive; hence they were hardly used in Frankston. However, that’s no longer the case as competition along with improved technology have made them accessible for a lot of people who are eager to save money or seeking an alternative from high priced power bills. However, Frankston solar power can also be a means for homes to make money, because any excess energy generated by your solar system is sent back to the power grid and will be used. In most cases you will be paid for this excess energy, and when combined with the money saved from not relying too much on the power company, the amount will be substantial.

This set up however, is not unique to Frankston but in other cities around Australia, testament to how prevalent solar energy use is becoming. Aside from being an effective energy source, solar power is attractive for the Australian government since it is clean and renewable, and it isn’t as expensive as other energy sources.

How the Standard Feed-in Tariffs Work

The way solar rebates and the Standard Feed-in Tariffs works in Frankston work is similar to those in other cities, where solar electricity is exported to the main grid supply system. After this takes place, the consumer’s electricity bill is credited, but the value is higher compared to the electrical power that was bought. At least this is the case with the Transitional and Standard Feed-in Tariffs, but with the Standard Feed-in Tariffs, the value is similar.

Victorian Solar Feed-in Tariff – Transitional Net Feed-in Tariff – 25c per kWh for systems up to 5kW’s. Commercial solar power systems above 5.0kW’s and under 100kW’s are eligible for a 1:1 rate. Applications had to have been lodged before 30th of September 2012.  New Net Feed-in tariff of 8c per kWh will apply for applications made after 30th of September 2012.

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