The following table sets out the price adders for Aboriginal and community-based projects.
|
Maximum Aboriginal price adder and Maximum community price adder* |
||||||
|
Renewable fuel |
Wind |
Solar PV
(Ground |
Water |
Biogas |
Biomass |
Landfill |
|
Maximum |
1.5 |
1.5 |
0.9 |
0.6 |
0.6 |
0.6 |
|
Maximum |
1.0 |
1.0 |
0.6 |
0.4 |
0.4 |
0.4 |
* The percentage of the maximum Aboriginal price adder or maximum community price adder added to the FIT contract price is based on the Aboriginal or community participation level as defined in the FIT Rules.
For example:
|
50 to 100 percent control |
eligible for the full price adder |
|
40 to 49 percent control |
eligible for 80 to 98 percent of the price adder |
|
25 to 39 percent control |
eligible for 50 to 78 percent of the price adder |
|
10 to 24 percent control |
eligible for 20 to 48 percent of the price adder |
(10 percent is the minimum level required)
For example, a 10 MW on-shore wind project with an Aboriginal participation level greater than 50 percent would be eligible to receive the FIT contract price of 13.5 cents/kWh, plus an additional 1.5 cents/kWh. This means that the total price would be 15 cents/kWh for this project.