Office of the Renewable Energy Regulator
The Office of the Renewable Energy Regulator is a statutory authority established to oversee the implementation of the Australian Government's mandatory renewable energy target.
Mandatory Renewable Energy Target
The aim of the renewable energy target is to increase the production of renewable energy. Under the target, all electricity retailers and wholesale buyers have a legal liability to contribute towards the generation of additional renewable energy. They are called ‘liable parties’, and meet their legal obligation by acquiring renewable energy certificates. More information about the Mandatory Renewable Energy Target
Renewable Energy Certificates
Renewable energy certificates (RECs) can be created when:
- complete solar water heaters are installed
- Renewable energy is produced by small generation units or power stations
To be eligible for renewable energy certificates, solar water heaters and renewable energy generators must comply with certain conditions.
Renewable energy certificates can be sold to agents or liable parties. The price of certificates varies because sellers and purchasers directly negotiate price and payment arrangements. Renewable energy certificates are not a government rebate or refund. More information about renewable energy certificates
Other Government assistance for Renewable Energy Technology
To find out more about grants, rebates or financial assistance relating to renewable energy power stations, solar water heaters and small generation units.
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