The Federal Government has called for another review of the Renewable Energy Target. Some fear this is intended to support a reduce or cancel the target. The easiest way to make a submission is to go to:
Submissions must be made by 5pm on Friday 16 May 2014
The following paragraphs come from the Clean Energy Council
The RET consists of two main schemes:
- the Large-scale Renewable Energy Target (LRET), which creates a financial incentive for more and larger renewable energy power stations
- the Small-scale Renewable Energy Scheme (SRES), which encourages owners to install small-scale renewable energy systems such as rooftop solar, solar hot water heaters, heat pumps, and small-scale wind and hydro systems.
Benefits of the Renewable Energy Target
The Renewable Energy Target doesn’t cost much – in fact, in the long run, it will save every Australian household up to $140 on their electricity bill each year. It also provides huge economic and community benefits, especially in regional areas.
Four facts about the Renewable Energy Target:
- Australian households will save hundreds of dollars on their power bills thanks to the Renewable Energy Target.
- It generates investment in homegrown Australian industry.
- It has created tens of thousands of Australian jobs, with thousands more on the way.
- Removing it will cost a lot more money than it saves.
See more at: http://www.cleanenergycouncil.org.au/policy-advocacy/renewable-energy-target.html
