Queensland, Australia Treasurer Curtis Pitt said in December that the state plans to increase the size of solar power systems eligible for a feed-in-tariff (FiT) from 5 kW to 30 kW in an effort to encourage the uptake of solar.
“This [change] provides incentive for regional businesses and larger households who currently would not receive a FiT to install a larger system, because they will be paid for their excess energy,” Pitt said in a Dec. 19 statement. “Additionally, those who already have larger systems installed will also receive the FiT.”
Pitt said new regulations to support the change are expected to be put in place in the first half of this year.
Minister for Energy, Biofuels and Water Supply Mark Bailey said that, at 1,600 MW of installed solar capacity, Queensland is now more than halfway towards the government’s 2020 target of 3,000 MW of installed solar.
Bailey said another key reform will be the introduction of an optional time varying FiT (T-FiT) in regional Queensland.
“The optional T-FiT, which will complement the existing flat rate FiT, offers solar customers more market-reflective prices with lower rates in off-peak times and a higher rate during a daily peak period,” he said.
The Queensland Competition Authority will determine the new T-FiT rates in mid-2017 after a public consultation process, he added.
Lead image credit: Michael Coghlan | Flickr