According to the Government promise to reduce the tariffs 3.5% every three months when the last Feed-in Tariffs (FITs) started in August 2012, the new Feed-in Tariffs starting November 2012 will be as follows:
| Description | FIT rate p/kWh |
| 0-4kW | 15.44 |
| >4-10kW | 13.99 |
| >10-50kW | 13.03 |
| >50-100kW | 11.50 |
| >100-150kW | 11.50 |
| >150-250kW | 11.00 |
| >250kW-5MW | 7.10 |
| Stand-alone | 7.10 |
| Export tariff | 4.50 |
This becomes the first cut of the tri-monthly digression model announced by the Government this summer. From now on, the tariffs are expected to be cut by 3.5% every three months. Although Feed-in Tariffs have always been an important incentive, the main purpose of this scheme is that at the same time solar panel prices drop down and become more efficient, solar energy systems become more and more affordable and effective for homeowners. Consequently, in a near future, Feed-in Tariffs will not be needed, as savings on electricity bills will be greater, and there will be an increased interest in installing solar panels in order to have a more energy-efficient house.
