As of 1 January 2011, the enhanced Renewable Energy Target (RET) was split into two parts, the Large-scale Renewable Energy Target (LRET) and the Small-scale Renewable Energy Scheme (SRES).
Both parts of the scheme have been established to encourage additional generation of electricity from renewable energy sources by providing a mechanism by which small-scale systems and renewable energy power stations can create and sell certificates based on how much renewable electricity they generate or displace.
The LRET and SRES are administrated by the Office of the Renewable Energy Regulator.
The SRES creates a financial incentive for owners to install eligible small-scale installations such as solar water heaters, air sourced heat pumps and small generation units (small-scale solar panel, wind and hydro systems).
Eligible systems are entitled to a certain number of small-scale technology certificates (STCs) based on the amount of renewable electricity the system produces or displaces. These STCs can be created and sold to buyers (usually liable entities).
As at 27th April 2012 Edwards Hot Water is offering to purchase your small-scale technology certificates (STCs) for:
For further information on small-scale technology certificates (STCs) please contact your local Edwards Dealer, on 1300 765 277.
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