ACT Feed-in Tariff

Alastair D’SilvaTwitter: @EvilDeeceBlog: http://alastair.d-silva.org

What is a feed-in tariff?

Reward renewable power generation by the Australian public

Reduce the payback of renewable resources

An incentive to help Australians meet our renewable energy targets

How do I get it?

Generate renewable energy Push it back into the power grid Profit!

What is renewal energy?

How do I feed it back to the grid?

Energy supplier to

replace meter

Install grid interactive

inverter

Image sources: http://www.solaraustralia.com.au/Images/Orion-Front.jpg

ACT Feed-in Tariff

Paid on gross production

Guaranteed price for 20 years (not indexed)

Funds raised by increasing price of non-renewable power

$0.50 per kWh2

(you pay $0.14) 3

Is this a good thing?

YES!

Why?

Increased uptake Lower cost “green” power Cheaper & more efficient technology

Why?

Distributed generation reduces grid loading, lowering distribution losses (2%) and delaying grid upgrades

Promotes awareness of power consumption

Partially monetizes the environmental costs of consumption

Is it effective?

Germany! 7

ACT power is cheaper than Queanbeyan6

Is it fair?

All entities can qualify for the feed-in tariff

Rewards for investing in our future 1.5kW system payback time of 3

years (4 hours/day)

No upfront cost if you use the 4 year interest free Green Loan

$$$

Is it fair?

Applicable to rental & commercial properties

Low incremental cost6 Incremental costs encourage lower

consumption Government programs in place to

help reduce energy consumption

What else can I do?

Reduce power consumption:Efergy Power Meter to monitor

your houseLEDs for lighting - efficient, reliable

& no mercurySwitched power boards &

master/slave boards

What else can I do?

Reduce power consumption: Take advantage of the $1200

insulation rebate For us geeks, consolidate computers

using virtualisation

Discussion

References

1. http://www.environment.act.gov.au/energy/fit2. http://www.environment.act.gov.au/__data/assets/pdf_file/

0006/144645/FiTFactSheet.pdf3. http://www.actewagl.com.au/prices/home/ACT/elec.aspx4. http://www.environment.gov.au/greenloans/5. http://www.beyondbuildingenergy.com6. http://www.environment.act.gov.au/__data/assets/pdf_file/

0006/174795/Electricity_Feed-in_tariff_WEB.pdf7. http://en.wikipedia.org/wiki/Photovoltaics