Harnessing the power of solar is also great for the planet as it’s a renewable energy source with zero harmful emissions.
Learn how you can add solar to your home and start saving on your electricity bills.
You may have noticed solar panels on the roofs of homes and businesses – these are Solar Photovoltaic systems (Solar PV for short).
Basically, these solar panels capture the energy from the sun and convert it to electricity that you can use in your home.
The cost of Solar PV systems vary depending on the type and size of the panels installed. Your solar installer will be able to give you advice around what type will best suit your home and needs. Investing in Solar PV may cost you at first, but can help you save money in the long run.
Powering your home with solar means your electricity bill will be reduced overtime as you will purchase less electricity from the grid.
On average, most customers in the Territory see a return on their investment within five years.
Any unused power within your home is sent back to the grid. You are paid a credit (feed-in tariff) for this unused energy, which you will see on your bill as a 'buy back'.
The Home and Business Battery Scheme encourages households in the Territory to use other renewable energy sources to cut electricity costs.
This scheme allows you to access a $6000 grant to include a battery into a new or existing Solar PV system, providing the battery has a capacity of 7 kilowatt hours or more.
What is the solar feed-in-tariff rate?
On 5 April 2020, The Northern Territory Government announced key changes to Jacana Energy's solar feed-in-tariff (FiT) rates.
These changes encourage you to invest in other renewable energy sources that also reduce electricity costs, such as battery storage.
There are two rates – premium rates and standard rates.
Premium rates are available to:
- Existing solar customers (you were the active account holder living at the service address at the cut-off date of 5 April 2020)
- New solar customers (you lodged your application to Power and Water Corporation by midnight 14 April 2020 and can show that works were committed to, in writing, before 5 April 2020). Approval to export electricity into the grid will be subject to approval by Power and Water Corporation.
Standard rates are available if you are:
- A new customer who has applied to install your solar system after 5 April 2020.
- An existing solar customer who has modified your solar system after 5 April 2020.
- A customer who has moved into a property fitted with an existing rooftop solar system, even if the previous occupier received the premium rate.
When our homes are powered by solar – we can deliver cheaper, cleaner power right across the Territory. Together, we can reduce our carbon footprint and dependence on fossil fuels.