Transitional Feed-In Tariff (TFIT)
On 1 January, 2012, the Victorian Government introduced the transitional feed-in tariff for Victorian customers with net metered solar photovoltaic power systems offering a rate of 25 c/kWh for any power fed back into the grid. This rate is valid for a maximum of 4 years.
The State Government allocated 75 MW of new solar systems to this tariff structure and this limit is about to be met – the TFIT is now closing.
How do I ensure access to the TFIT?
If you have already paid a deposit for solar panels and would like to be considered for the TFIT, you must submit the following paperwork to your Retailer by 30 September, 2012:
- A Solar Connection Form
- An Electrical Works Request
- A Certificate of Electrical Safety
- A feed-in tariff contract application
If you miss this deadline, your chances of obtaining the TFIT are much reduced.