A provision for a mandatory ‘retailer payment’ under South Australia Solar Feed-in Tariff scheme has come into effect as of 29 January 2012. The state’s Solar Feed-in Tariff scheme is now composed of two separate parts: A ‘base rate’ of 16c/kWh (for those signed up before 30 September 2011), plus a retailer payment of 7.1c/kWh until 30 June 2012. The base rate will remain unchanged until 2016, while the retailer payment will rise annually to reflect the ‘real value’ of solar electricity to the electricity grid. The retailer payment will also be paid to those whose solar PV systems are signed up on the State’s former 44c/kWh rate.
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