Victoria No National Feed in Tariff -
Various State feed in Tariff Schemes
State Max Size Rate Paid Duration Model
VIC 5 kWp $0.60AU 15 Years Net
Victoria's Feed In Tariff Comment:
Click the money bags below to get today's conversion rates in EUR from www.xe.com I don't link to dollar conversions because it is currently too unstable.
Support this site so that we may continue supporting you
The Victoria solar feed in tariff works like this: (Net Metered)

A homeowner installs the maximum allowable PV system size (5kWp)
The homeowner pays nothing for energy he uses which is displaced by the system.
The utility doesn't pay the homeowner for energy produced by the system until it surpasses the homeowners actual usage.
Excess energy is sold to the utility at 60 cents per kWh.
This plan lasts for 15 years.

And while it is an effort to at least appear like the Victorian Legislature is actually making an effort to promote alternative energy, the system is less effective than using a champagne glass as a hammer. Maybe posing as an actual feed in tariff policy is more important than actually being one. Thumbs down does not suffice for this blatantly ineffective program. Only a facepalm of the highest magnitude can physically express the frustration properly.
Use the map to navigate the different territories in-depth