That's so gross
As of January 1, anyone who has a grid-interactive solar system can take advantage of the NSW Government’s ‘gross feed in tariff’ which pays for all of the renewable energy produced, not just the amount that is fed back into the grid. A rate of 60 cents per kilowatt hour has been set for systems up to 10 kilowatts.
However, in order to take advantage of the tariff, people will have to have a new ‘gross’ metre installed into their system instead of the ‘net’ metre that most people would have had installed prior to the announcement late last year.
Country Energy estimates around 4700 customers will need to upgrade their systems.
Country Energy will provide customers with a free gross meter but customers will have to pay for installation.
From January 1 until June 30 people with net metering will be paid at 60 cents per kilowatt hour for the excess they export to the grid, but to continue receiving the credit from 1 July 2010, customers will need to transition to gross metering.
For info, visit www.industry.nsw.gov