Feed in Tariffs
Feed in Tariffs or FiTs are small credits that Ergon gives you in exchange for the excess electricity that your system produces and that you don’t use.
This predominantly happens during the day, if the sun is strong and there is very little load on the power consumption in your home.
These FiTs are shown on your Ergon bill as a credit on your quarterly account.
As a general rule however, any domestic system under 10kw will be approved and will generate credits at a rate of 13.44cents per kilowatt from July 2023. Up 44% from last year.