From July 2009, the government will assist with the upfront cost of installing a roof top PV by offering solar credits for the purchase of renewable energies systems up to the first 1.5 kilowatts of capacity installed. (Solar Systems installed with a capacity above 1.5 kW will still be eligible for the standard 1:1 rate of RECs creation).

The number of additional credits will be based on the multiple as set out in the following table:

To learn more visit http://www.environment.gov.au/settlements/renewable/pv/index.html

Feed in tariffs

A feed-in tariff (FITs) is a premium rate paid for electricity produced by a renewable source of energy.

The FITs is a currently a state run incentive, therefore it differs from state to state.

Please note that the FIT are subject to changes. To learn more, please visit http://www.aph.gov.au/library/Pubs/ClimateChange/governance/domestic/national/feed.htm