Example:
Installing a 5kW solar system will (on a sunny day) push a maximum of 5kW of energy into the grid each hour for approximately 10 hours. This is 50kWh worth of energy, and at an average Feed-in Tariff (FiT) of $0.07 per kWh means you’ll earn a credit of $3.50 per day, or approximately $100 per month.
5kW x 10hr = 50kWh : maximum energy fed into the grid each day
50kWh x $0.07 = $3.50 : approx FiT rebate each day
$3.50 x 30 days = $105 : approx FiT rebate each month
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