ACT Feed-in Tariff<br />Alastair D’Silva<br />Twitter:	@EvilDeece<br />Blog:	http://alastair.d-silva.org<br />
What is a feed-in tariff?<br />Reward renewable power generation by the Australian public<br />Reduce the payback of renew...
How do I get it?<br />Generate renewable energy<br />Push it back into the power grid<br />Profit!<br />
What is renewal energy?<br />
How do I feed it back to the grid?<br />Image sources: http://www.solaraustralia.com.au/Images/Orion-Front.jpg<br />
ACT Feed-in Tariff<br />Paid on gross production<br />Guaranteed price for 20 years (not indexed)<br />Funds raised by inc...
Is this a good thing?<br />Yes!<br />
Why?<br />Increased uptake<br />Lower cost “green” power<br />Cheaper & more efficient technology<br />
Why?<br />Distributed generation reduces grid loading, lowering distribution losses (2%) and delaying grid upgrades<br />P...
Is it effective?<br />Germany! 7<br />ACT power is cheaper than Queanbeyan6<br />
Is it fair?<br />All entities can qualify for the feed-in tariff<br />Rewards for investing in our future<br />1.5kW syste...
Is it fair?<br />Applicable to rental & commercial properties<br />Low incremental cost6<br />Incremental costs encourage ...
What else can I do?<br />Reduce power consumption:<br />Efergy Power Meter to monitor your house<br />LEDs for lighting - ...
What else can I do?<br />Reduce power consumption:<br />Take advantage of the $1200 insulation rebate<br />For us geeks, c...
Discussion<br />
References<br />http://www.environment.act.gov.au/energy/fit<br />http://www.environment.act.gov.au/__data/assets/pdf_file...
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Act Feed In Tariff

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A rundown on what the Canberra (ACT) solar feed-in tariff is all about.

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  • Energy generated from renewable sourcesSolarWindHydro (this might be hard to find in the ACT)
  • Currently $0.50 per kWh generated 2(you pay $0.14) 3Paid on gross productionGuaranteed price for 20 years (not indexed)Funds are raised by increasing the price of non-renewable power
  • Increased uptake due to reduced payback timeIncrease supply leads to lower cost “green” powerIncreased demand for renewable generation leads to cheaper &amp; more efficient technology
  • Feed-in tariffs have been successfully used in Germany to bolster local industry (creating 10,000 jobs)7 and creating a peak generation capacity of 5.3GW7ACT power is cheaper than Queanbeyan – if we used the price difference ($650/year) to fund the feed-in tariff, we would have more renewable power than the grid could absorb!6
  • Applicable to rental &amp; commercial propertiesLow incremental cost to non-renewables are insignificant compared to regular growth in prices (average household paid $0.15/week extra for 2009/2010)6Incremental costs are fixed per kWh, encouraging lower consumptionGovernment programs in place to help reduce energy consumption
  • Act Feed In Tariff

    1. 1. ACT Feed-in Tariff<br />Alastair D’Silva<br />Twitter: @EvilDeece<br />Blog: http://alastair.d-silva.org<br />
    2. 2. What is a feed-in tariff?<br />Reward renewable power generation by the Australian public<br />Reduce the payback of renewable resources<br />An incentive to help Australians meet our renewable energy targets<br />
    3. 3. How do I get it?<br />Generate renewable energy<br />Push it back into the power grid<br />Profit!<br />
    4. 4. What is renewal energy?<br />
    5. 5. How do I feed it back to the grid?<br />Image sources: http://www.solaraustralia.com.au/Images/Orion-Front.jpg<br />
    6. 6. ACT Feed-in Tariff<br />Paid on gross production<br />Guaranteed price for 20 years (not indexed)<br />Funds raised by increasing price of non-renewable power<br />$0.50 per kWh2<br />(you pay $0.14) 3<br />
    7. 7. Is this a good thing?<br />Yes!<br />
    8. 8. Why?<br />Increased uptake<br />Lower cost “green” power<br />Cheaper & more efficient technology<br />
    9. 9. Why?<br />Distributed generation reduces grid loading, lowering distribution losses (2%) and delaying grid upgrades<br />Promotes awareness of power consumption<br />Partially monetizes the environmental costs of consumption<br />
    10. 10. Is it effective?<br />Germany! 7<br />ACT power is cheaper than Queanbeyan6<br />
    11. 11. Is it fair?<br />All entities can qualify for the feed-in tariff<br />Rewards for investing in our future<br />1.5kW system payback time of 3 years (4 hours/day)<br />No upfront cost if you use the 4 year interest free Green Loan<br />$$$<br />
    12. 12. Is it fair?<br />Applicable to rental & commercial properties<br />Low incremental cost6<br />Incremental costs encourage lower consumption<br />Government programs in place to help reduce energy consumption<br />
    13. 13. What else can I do?<br />Reduce power consumption:<br />Efergy Power Meter to monitor your house<br />LEDs for lighting - efficient, reliable & no mercury<br />Switched power boards & master/slave boards<br />
    14. 14. What else can I do?<br />Reduce power consumption:<br />Take advantage of the $1200 insulation rebate<br />For us geeks, consolidate computers using virtualisation<br />
    15. 15. Discussion<br />
    16. 16. References<br />http://www.environment.act.gov.au/energy/fit<br />http://www.environment.act.gov.au/__data/assets/pdf_file/0006/144645/FiTFactSheet.pdf<br />http://www.actewagl.com.au/prices/home/ACT/elec.aspx<br />http://www.environment.gov.au/greenloans/<br />http://www.beyondbuildingenergy.com<br />http://www.environment.act.gov.au/__data/assets/pdf_file/0006/174795/Electricity_Feed-in_tariff_WEB.pdf<br />http://en.wikipedia.org/wiki/Photovoltaics<br />
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