A Renewable Energy Certificate (REC) calculator allows you to make an estimate of the amount of credits that you can receive for your installed solar power system unit. The Federal Government has currently adopted RECs as the rebate scheme to promote renewable energy – it’s commonly referred to as ‘solar credits’. REC represents a renewable energy measurement and it can be traded for cash. One megawatt hour of electricity is equivalent to one REC and you can generate credits from eligible solar hot water systems, photovoltaic systems, wind energy systems, etc.

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Renewable Energy Certificates Explained

Australia is cited as one of the countries that faces a great amount of risk from climate change. The burning of coal is seen as a major factor contributing to climate change in Australia. However, Australia has a significant potential for generating power from renewable energy sources such as solar, wind, geothermal, etc. Design and installation of such technologies are expected to mitigate the generation of greenhouse gases substantially.

With a view to increase the generation and use of renewable energy, the Renewable Energy (Electricity) Act 2000 made it compulsory for electricity retailers and major users to purchase a specified amount of electricity from clean energy generators. They also needed to produce evidence of purchase of renewable energy by acquiring Renewable Energy Certificates (RECs). Each REC represents one MWh of electricity purchased. In case of failure to acquire the requisite number of RECs that would meet the annual target according to the legislation, the parties have to pay a fine of AUD40 per MWh. Read More …

 
Clean Energy Council – Fostering Growth In Clean Energy


The Clean Energy Council (CEC) is an industry association representing the clean energy sector of Australia. More than 600 member companies, many of which represent the renewable energy sector and others working in the energy efficiency field, make up the council. The members of the CEC are involved in the development and implementation of modern technology systems for clean energy generation and management, including solar, wind, marine, hydro, geothermal, etc.

CEC is a non-profit incorporated association which is based at Melbourne. It operates nationally and is primarily funded through membership fees. Additional income is generated through industry-associated programs such as accreditations. Read More …

 
Solar Energy in Australia and Renewable Energy Schemes

Australia’s latitudinal position on the planet and a near-perennial dry climate makes it immensely suitable for solar energy production and usage. On any given day, a major part of Australia receives a high measure of solar radiation during any given time.

Solar panels have been fitted in many Australian household rooftops since the 1970s and nationwide, there’s an estimated 300 MW of installed photovoltaic (PV) power, contributing an estimated 0.1 to 0.2% of total electricity production. Read More …

 
Finding the perfect solar power system for your home

The Australian government is encouraging the installation and use of solar power by households and small businesses through rebates and feed-in tariffs to reach the goal of substituting 20% of the continent’s energy consumption with energy from renewable sources by 2020. This article is intended to provide you with some information in selecting and installing the right solar power system for your household. Read More …

 
Solar Energy Facts (Australia)

Solar Energy FactsThe Australian Government has been working to increase solar energy uptake from as early as 2001 through the Mandatory Renewable Energy Target (MRET) scheme. The MRET has since been merged with the state and territory targets to form RET that currently consists of the Small-scale Renewable Energy Scheme (SRES) and the Large-scale Renewable Energy Target (LRET).

With the SRES in place, solar uptake has seen a marked increase in Australian households. Some of the solar energy facts of the Australian Clean Energy Council’s (CEC’s) annual assessment report of 2011 are as listed below and they paint an encouraging picture:

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Renewable Energy Certificates – The Energy Currency

Renewable Energy Certificates

Australia’s greenhouse gas per capita emission values are currently the highest in the world with a major portion of the emissions, about 35%, contributed by the electricity generation sector. In order to bring down the greenhouse gas emission levels, the Australian government has begun focusing on renewable sources of energy. The outcome of this focus is the government sponsored Mandatory Renewable Energy Target (MRET) scheme that was implemented in 2001 with a view to increase energy contribution from this area. Read More …

 
Information on Selecting Best Solar Panels

If you’re looking to install a solar power system, it is important to choose the right components to suit your individual requirements. This article aims to discuss the importance of choosing the right type of solar panels to maximize the benefits of installing a solar power system. Read More …