Vic Govt Slashes Solar FiT
climatespectator.com.au, 4 September, 2012:
The Victorian government has slashed the solar feed-in tariff rate to 8 cents per kilowatt/hour, with the move to take effect immediately.
Any new systems purchased from today will be eligible only for the 8 cent rate, but customers who have paid a deposit for a system will be eligible for the current 25 cent rate provided paperwork is filed before September 30.
All customers already receiving the feed-in tariff will see no change until 2016.