Renewable Energy Buyback Scheme

If you’re sourcing power from your own renewable energy system, you could be generating more power than you actually need.

The Renewable Energy Buyback Scheme (REBS) gives you the chance to make money from the excess wind, solar or hydro power you generate. If your system is connected to the main grid, you can feed this energy back to us, and we’ll pay you for it.

We buy this at a flat buyback rate of 7c kWh for residential customers. If you’re on a green energy option, our payment to you doesn’t include the premium.

REBS available to eligible customers at the buyback rate of 7c/kWh for the net export of electricity

Availability and conditions

• REBS is available to home renewable energy systems between 500 watts and 5 kilowatts in inverter capacity, connected to the South West Interconnected System (SWIS). 
• If you’re signed up to REBS, you’ll be billed for your net import and credited for your net export of power, over the billing period. You can choose between either the A1 tariff or SmartPower tariff.
• REBS offers a flat buyback rate of 7c kWh for residential customers.
• If you’re also subscribed to NaturalPower or EarthFriendly, our payment to you doesn’t include the premium 
• For multi-residential properties, each home must be connected to the renewable energy system in the acceptable capacity range, to be eligible. To join REBS in this situation, changes to the property’s power meters may also be needed at additional expense.
• As well as home users, REBS is also open to non-profit organisations and educational institutions. The buyback rate is equivalent to the applicable tariff rate, minus the GST component, that your business is currently on. 
• REBS is not available to K1 tariff customers.

Application forms and related documents (September 2011)

The application forms listed below also include an example to assist you with submitting your form.

• REBS Application form
• REBS Change of system application
• REBS Pricing schedule
• REBS Terms and conditions