Small Market
The Small-Scale Renewable Energy Target (SRET) creates a financial incentive for individuals and small businesses to install eligible Small-Scale Renewable Energy Systems including solar panel systems
Overview
The Small-Scale Renewable Energy Target (SRET) creates a financial incentive for individuals and small businesses to install eligible Small-Scale Renewable Energy Systems including solar panel systems. It does this through the creation of Small-Scale Technology Certificates which Renewable Energy Target liable entities then have an obligation to purchase and surrender to the Clean Energy Regulator every quarter.
The number of Small-Scale Technology 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 generated.
Small-Scale Technology Certificates can be created following the installation of an eligible system, and are calculated by the amount of electricity a system produces or displaces.
The Renewable Energy Target is supported by an online registry system, which facilitates the creation, validation, auditing and transfer of small-scale technology 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.
Small Market Systems include anything from 25kWh to 100kWh whilst our large market systems can generate as much as 1000kWh.
Contact Us directly to see how we can help you set up the perfect Solar Power Generation for your business.
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