The Australian National Audit Office is seeking stakeholder comments in relation to the Administration of the Renewable Energy Target by the Clean Energy Regulator. See the
Audit of the Renewable Energy Target news item for further information.
Small-scale Renewable Energy Scheme, eligible small-scale renewable energy systems are entitled to a number of small-scale technology certificates.
The number of certificates that can be created per system is based on its geographical location, installation date, and the amount of electricity in megawatt hours (MWh) that is:
As a guide, one certificate is equal to one megawatt hour of eligible renewable electricity either generated or displaced by the system.
You can calculate the number of certificates a system may be eligible for using the
small generation unit STC calculator and
solar water heater STC calculator.
Renewable Energy Target is supported by an online registry system, called the
REC Registry, which facilitates the creation, validation, auditing and transfer of certificates
Once created and validated, these certificates act as a form of currency and can be sold to recoup a portion of the cost of purchasing and installing the system, or transferred to other individuals and businesses at a negotiated price.
Learn more about
buying and selling and
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.
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