|Austria||5kWh - 200kWh = $0.143||5kWh - 200kWh = $0.143||5kWh - 200kWh = $0.143|
Update Nov 01, 2014
Austria is to reduce the feed-in tariffs available for PV installations from January 2015.
From the beginning of next year, systems up to 200kW will receive a FiT of €0.115 (US$0.143) per kilowatt hour, down 8% on the current tariff.
Austria’s science minister, Reinhold Mitterlehner, said the reduction had been introduced to reflect the growing maturity of PV and relatively lower costs of the technology.
A 30% rebate, worth up to €200 per kilowatt, will remain unchanged, however, and the total support available for solar in 2015 will be €8 million.
Mitterlehner said the combination of the tariff and rebate gave a total incentive of €0.137 per kilowatt hour, meaning PV’s share in the ongoing expansion of renewable energy in Austria would continue to rise.
Update Sep 01, 2012
The Austrian government has doubled its renewables budget to US$67 million (€50 million) for 2013 and set to decrease by US$1.3million (€1 million) annually.
Renewable energy sources are dominant in the Austrian electricity production structure. About 70% of the total generation (which covers more or less the total electricity demand of Austria) is produced with renewable sources, about 56% with large hydro power (>10 MW, currently not financial supported), 8% with small hydro (<10 MW, supported with feed-in tariffs) and 3% with wind power and biomass.
The Austrian federal parliament passed the 2012 Green Electricity Act on July 7, 2011, designed to support the production of green electricity via a feed-in tariff, financed by the Austrian electricity consumers through a clearance mechanism. Since its promulgation in 2002, the Green Energy Act has been amended three times in between 2006 and 2008, with some of the amendments taking effect or being further revised in 2009. The feed-in tariff period was extended to 15 years for biomass and biogas, and 13 years for other technologies.