Trader,Just a small point.The feed in tarrifs (FiT's) in Aus are...

Trader,

Just a small point.
The feed in tarrifs (FiT's) in Aus are legally constructed to provide for an account credit, to avoid being challenged as an excise (which only the Fed's can administer).

See for example:

http://new.dpi.vic.gov.au/__data/assets/pdf_file/0008/16289/FiT-Fact-Sheet-Sept-09.pdf

in the section under "Choosing your solar PV Retailer".

However, the retail codes in most states contain explicit requirements that account credits can be required to be paid out to the customer. (Except in Qld)

The difference is therefore administrative, not value. I agree it could be a pain, but it doesn't change the numbers.

Victorian CFU output would get the AUD$20 FiT ($200 per MWh) but not the Premium solar feed in - $600MWh.

Both compare well to the FiT's in the UK.

The energy we buy from the grid (including energy, transmission, distribution, retail costs and all margins) costs the customer about 16c per KWh ($160MWh).

Now That's what I call subsidy!

f111