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What is a feed in tariff and how much will I get paid?

April 26, 2017feed paid tariff

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What is a feed in tariff and how much will I get paid?

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A feed in tariff is whereby a grid connect system owner is paid for the electricity their system generates by a utility or government agency. There are two different types of tariffs, gross and net. A gross feed in tariff pays a premium on all electricity produced whereas a net feed in tariff only pays on surplus energy created by the system. The amount paid is usually above market rate, but this varies from state to state.