Households and small businesses that install a small-scale renewable energy … Contact online >>
Households and small businesses that install a small-scale renewable energy
The Australian Government is partnering with state and territory governments to
The Small-scale Renewable Energy Scheme is an Australian Government initiative that encourages investment in small-scale renewable energy. It provides incentives to households and businesses to install small-scale renewable energy systems like rooftop solar, solar water heaters and air sourced heat pumps.
By installing an eligible renewable energy system you can lower your energy bills, reduce your carbon footprint and earn financial incentives.
Our step-by-step guide to installing rooftop solar explains everything you need to know about installing solar at your home or business. It covers buying, installing and maintaining your solar system, using an agent, and creating and selling STCs.
Under the scheme, eligible systems can earn small-scale technology certificates (STCs) based on how much electricity they generate or displace. Each megawatt hour of renewable energy generated by the system is awarded one STC.
Energy retailers also have to buy and surrender a certain number of STCs to meet their obligations under the Renewable Energy Target. This creates a market for STCs so people who generate renewable energy can sell their certificates to retailers. The number of STCs they must submit is set by the small-scale technology percentage.
The scheme is designed for homeowners and businesses who want to reduce their electricity needs by using renewable energy systems. It''s aimed at people who want to use their own system''s generated energy or share generated energy from the grid via batteries.
To participate, individuals and small businesses must choose and install an eligible renewable energy system.
In addition to financial incentives offered under the RET, individuals and small businesses who install a small-scale system may also be eligible for feed-in tariffs. Feed-in tariffs are designed to pay you for excess electricity generated and fed into the main grid by your small-scale renewable energy system.
State and territory governments regulate and oversee the administration of feed-in tariffs, which may vary depending on where you live. To find out if you are eligible for a feed-in tariff, you will need to contact your state or territory government, or electricity retailer who will provide you with further information, and if you are eligible, will help you apply.
The Department of Climate Change, Energy, the Environment and Water oversees the Renewable Energy Target. Read the policy intent on the department''s website.
The Commonwealth Government provides a financial incentive for the installation of renewable energy systems through theSmall-scale Renewable Energy Scheme. Involvement in thisschemeis generallyarranged by solar installers, so the customer receives an upfront discount on the system purchase price. Your installer willbe able to tell you more about this scheme.
The savings from generating and consuming your own energyare generally the biggest benefit of installing a renewable energy system.
When yoursystem is generating electricity, the system output is first used to meet your individual energy needs, with any additional electricity being exported to thegrid. When your system is not generating, or is generating less electricitythan you consume, you will purchase electricity from your retailer.
Any energy from your system that you use is electricity that you do not have to buyfrom your retailer, which saves money on your bill.
3. Energy Buyback Schemes
The Distributed Energy Buyback Scheme (DEBS) offers eligible customers payments for electricity exported to the grid, including from solar panels, batteries and electric vehicles.
The scheme was introduced as part of the Energy Transformation strategy.
The pricing structure encourages customers to use more of their own solar energy generation in the middle of the daywhen it is plentiful. The pricing structure also encourages the installation of west facing panels that will produce more electricity later in the day,when it is in high demand.
To learn more DEBS and eligibility criteria,visit the pageEnergy Buyback Schemes.
WA Energy Transformation website:Brighter Energy Future
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The Government of Western Australia acknowledges the traditional custodians throughout Western Australia and their continuing connection to the land, waters and community. We pay our respects to all members of the Aboriginal communities and their cultures; and to Elders both past and present.
In the last ten years, Australians have widely adopted solar energy, with approximately 30% of households in the country utilising rooftop solar panels.
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