When a solar power system’s is grid connected, you can be paid for the surplus energy that is produced by your system that is fed back into the grid. Essentially, the feed-in tariff is the rate that is paid for an amount of electricity that is supplied to the electricity grid from a specified renewable electricity generation source, such as solar panels, or a wind turbine.
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The recent axing of Australia’s solar hot water rebate in February this year caught many off guard – and the situation with the Solar Credits rebate reduction and uncertainty about the future of QLD’s feed in tariff (FIT) may do too, but for different reasons.
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The best solar panels (also called modules) for you depends on your budget, whether you want to buy a certain brand or Australian made and the type of site that you have – how large it is and whether it is shaded.
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One thing that is great about a PV System is that it requires almost no work to get the PV energy. Once it is installed, as long as you do not have to shut it down and move it to another side of the house, you should be OK for a longtime. Most of the inverters have a lengthy warranty.
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Solar panels are an extremely smart investment that provides incredible returns on the owners investment but the issue of security is becoming one the main concerns of solar power system owners. Recently, many incidents about the theft of solar panels have been recorded.
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