At Everything Solar we understand that government rebates, schemes and offers can be difficult and confusing to navigate. Our experienced team can offer information and advice on what is available to you and how to apply and register. Please find below links and information for your perusal!
The Office of Renewable Energy Regulator (ORER), http://www.orer.gov.au/ , administers two national schemes to encourage the growth of the renewable energy industry in Australia
- The Small-scale Renewable Energy Scheme (SRES) and
- The Large-scale Renewable Energy Target (LRET)
These schemes came into place on January 1, 2011, and replaced an older single system known as the “Renewable Energy Target” (RET). Renewable Energy Certificates (RECs) were the primary commodity in the RET.
Small-Scale Renewable Energy Scheme (SRES)
The SRES provides a financial benefit for owners wishing to purchase eligible solar water heaters, air source heat pumps and small-scale solar photovoltaic panels, wind and hydro systems. Installation of these units permits the generation of Small-Scale Technology Certificates (STCs), which can be exchanged for financial benefit for owners.Owners have two options for gaining a financial benefit for their certificates:
- Selling the right to include STCs to an Agent, in exchange for discounts or payment, or
- Selling the certificates themselves, either through the open STC market (pricing subject to market forces) or through the STC Clearing House (pricing set at $40/STC)
Liable entities (typically electricity retailers) are required to buy from agents or owners a number of STCs as defined by the Small-scale Technology Percentage (STP). These STCs are surrendered to ORER by liable entities quarterly in April, July, October and February.
To calculate how many STCs that are created upon the commission of your small generation unit (solar electric system) please visit the REC Registry Website. Simply choose a type of system, the size of the system, 15 years deem able period, the postcode of the installation, click the disclaimer and calculate!
To calculate how many STCs that are created upon the commission of your Solar Water Heater please visit the REC Registry Website. Simply choose the system brand and model, type in the postcode of the installation click the disclaimer and calculate!
There are many STC/REC traders available that can on sell your STCs/RECs. To submit STCs/RECs for a solar electric system you will require the following paperwork:
- STC/REC Form – An STC/REC form is a form used to assign the rights to the STCs from the owner of the PV System to an STC Dealer. This contains information about the system including the serial numbers of the panels and the inverter. This form must be signed by the end customer, the installer and designer of the system.
- Certificate of Electrical Safety(CES) – Signed by the electrician and the electrical inspector to ensure the safety of the system
- Tax Invoice – Made out to the end user to validate the transaction of the system
To view some of the STC/REC traders available please follow the links below;
The Large-Scale Renewable Energy Target (LRET)
The LRET , covering large-scale renewable energy projects such as wind and solar farms, hydro-electric schemes, aims to deliver the 2020 target of 41,000 GWh of Australia’s energy through renewable resources. Renewable power stations generate Large-scale Generation Certificates (LGCs) based on the amount of renewable energy they produce above their baseline. Like STCs, liable entities are required to surrender LGCs in order to discharge their liability under the Required Power Percentage (RPP). LGCs are purchased through the open LGC market. They cannot be purchased through the STC Clearing House.
Victorian Energy Efficiency Target (VEET) scheme
The Victorian Energy Efficiency Target (VEET) is a Victorian Government initiative promoted as the Energy Saver Incentive. It was established under the Victorian Energy Efficiency Target Act 2007 (the Act) and commenced on 1 January 2009. It is legislated to continue in three-year phases until 1 January 2030.
The purpose of the scheme is to reduce greenhouse gas emissions, encourage the efficient use of electricity and gas, and to encourage investment, employment and technology development in industries that supply goods and services which reduce the use of electricity and gas of consumers.
The scheme operates by placing a liability on large energy retailers in Victoria to surrender a specified number of energy efficiency certificates every year. Each certificate represents in tonne of greenhouse gas abated and is known as a Victorian energy efficiency certificate (VEEC). The Act and the Victorian Energy Efficiency Regulations 2008 allow for accredited entities to create VEECs when they help consumers make selected energy efficiency improvements to their homes. Revenue generated through the sale of VEECs enables accredited entities to offer consumers special offers that reduce the cost of undertaking these energy efficiency improvements.
For more information on the VEEC scheme please visit the website at
Feed in Tariffs (FIT)
A feed-in tariff (FiT) is a premium rate paid for electricity fed back into the electricity grid from a designated renewable electricity generation source. At present, feed-in regulations for renewable energy exist in over 40 countries, states or provinces internationally, all involving the payment of a premium for the electricity fed into the grid from a variety of renewable energy sources.
The Clean Energy Council is the peak body representing Australia’s clean energy sector. It is an industry association made up of more than 500 member companies operating in the fields of renewable energy and energy efficiency. The CEC is an incorporated not-for-profit association which is based in Melbourne and operates nationally. It is funded principally by membership fees, with additional income generated by events and activities such as industry accreditation programs. The CEC website and accreditation website offer useful information and updates for all types of solar industry participants.
The Australian Solar Energy Society (AuSES) exists to promote scientific, social and economic development through the environmentally sound use of solar energy. AuSES is a not-for-profit organization and is governed by a volunteer board elected by its members. The Society has a branch in every Australian State and Territory, providing regular briefings to our members of matters of interest. The AuSES website also has useful information and updates for industry participants.