Articles Tagged with: Feed-In Tariffs

In 2009, Victoria took a pioneering step in solar energy adoption by introducing the Premium Feed-in Tariff (PFiT) scheme. This visionary policy, offering 60 cents per excess kilowatt-hour of solar energy returned to the grid, was more than a financial incentive; it symbolised a commitment to renewable energy and a sustainable future. Fast forward to 2024, and this scheme is drawing to a close. But what does this mean for the early adopters of solar energy and the broader community?