State energy minister Michael O’Brien announced the cut today as part of a policy to widen the remit of the FIT beyond solar to include all renewables and low-emissions deployments of less than 100kW.
From the beginning of 2013, the new tariff will pay owners of rooftop PV systems a minimum of A$0.08/kWh for their exported electricity.
The rate will be updated each year in line with the wholesale electricity price, says Victoria, which has Melbourne as its capital and is Australia’s most densely-populated state.
The
