Summary
The bill: requires the minister to develop a scheme to support solar hot water systems and heat pump hot water systems by 1 July 2011; requires the minister to ensure the phasing-out of electric resistance water heaters by 30 June 2012; and amends the
Renewable Energy (Electricity) Act 2000
to require that the number of renewable energy certificates (RECs) created by solar hot water systems, heat pump hot water systems and ‘phantom RECs’ must be added to the subsequent year’s renewable energy target.