Who does the RET scheme impact?
Solar Credits
Solar Credits will assist with the upfront costs of installing small-scale renewable energy systems, including household solar photovoltaic (PV) systems. Solar Credits, which is part of the expanded national Renewable Energy Target (RET) scheme, will provide extra Renewable Energy Certificates, which are also called RECs, to households and businesses that install eligible small-scale solar PV, wind and hydro electricity systems.
Under the new Solar Credits arrangements, eligible systems installed before mid-2012 will get five RECs for every REC the system would otherwise receive.
Solar Credits will apply to the first 1.5 kilowatts (kW) of capacity installed; generation from capacity above 1.5 kW will still be eligible for the standard 1:1 rate of RECs creation.
Other support for renewables
The government has a range of rebates available to householders wishing to make their homes greener.
There are also grants and funding for businesses and communities.