Renewable Energy Buyback Scheme
Energy minister bill johnston today launched the distributed energy buyback scheme debs which introduces payments for energy exported to the grid from eligible home batteries and electric vehicles.
Renewable energy buyback scheme. As at january 2015 the rebs rate is 7 1350 cents kwh. From 8 september 2020 debs will replace the existing renewable energy buyback scheme rebs for eligible new and upgraded systems and includes the ability to export energy from other distributed energy systems such as household batteries and export capable electric vehicles. See the synergy pricing schedulefor further information. Through the renewable energy buyback scheme rebs eligible customers can sell their excess electricity providing the chance to reduce their power bill.
Renewable energy buyback scheme rebs rebs was available to residential educational and charitable and not for profit organisations with a small scale renewable energy system like solar. The renewable energy buyback scheme was superseded by debs for new solar installations or system upgrades from 8 september 2020. Customers of our renewable rewards buyback plan will receive credit for 100 of the excess energy their solar system delivers back to the grid. Additional administration and metering costs may apply.
Daytime subsidies down peak periods up under the changes a new program will replace the renewable energy buyback scheme rebs which pays eligible customers a flat rate of 7 13 cents for every unit of electricity their solar panels export. Debs is available to households schools educational institutions and not for profits in wa who. Are looking to install a new eligible renewable or distributed energy system. The renewable energy buyback scheme rebs is no longer available the scheme has now been replaced with the distributed energy buyback scheme debs.
Rebs offers a buyback rate for energy exported from a system up to 5kw in size which appears as a credit on your horizon power bill. Fixed price electricity throughout the contract term. One to one buyback credits for any excess energy. Our buyback plan has multiple benefits like.
Buyback payments will be higher at certain times compared to previous scheme. Mcgowan government announces new distributed energy buyback scheme debs eligible homes with batteries electric vehicles rooftop solar to be offered payments. If you are installing a new system or upgrading your existing system then you or your solar installer need to apply to your retailer synergy or horizon power for the buyback rate via the retailer s website.