what we do | renewable electricity | RECs Renewable Energy Certificates (RECs) are a means by which the government regulates the Mandatory Renewable Energy Target. 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. RECs can be created when you install: Your renewable energy certificates can be sold to agents such as Green Energy Trading. The price of certificates varies with market forces. Renewable energy certificates are not a government rebate or refund.
You can calculate the number of RECs your system is eligible for using the following formula: system capacity (kW) x solar zone rating* x deeming period (5 or 15 years) * Solar zone rating for Melbourne and Hobart is 1.185 The price of RECs varies too quickly to update it on this website. Please contact us for current prices. Green Energy Trading PV RECS Assignment Form
Take advantage of government rebates available for See guidelines for eligibility |
