Renewable energy

Renewable energy is electricity produced from renewable resources such as solar, wind and hydro. It does not involve the burning of fossil fuels.

What are the benefits for my business?

Join the rush of businesses turning to renewable energy. Benefits include:

  • Lower power prices
  • Long term price certainty
  • Taking control of power supply through generating power on-site
  • Supporting projects to create new renewable generation
  • Supporting carbon neutral marketing of your business

Make the move to procure renewable energy for your business, either through rooftop solar to reduce energy bills, purchasing large scale renewable generation certificates (LGC’s) in the market or signing a power purchase agreement to drive new renewables generation and displacement of fossil fuels from the grid. 

Renewable energy is a constantly evolving space. The list of options below is not definitive but may assist you in working out the best option. The technology improvements and mass take up is also bringing costs down, many things that weren’t viable two years ago are viable now or will be shortly. 

On-site generation for Yarra businesses

Solar panels

Small business (less than 20 employees) can access the Victorian Government small business solar rebate.  The rebate is available on new system installs of less than 30kw and is capped at the lesser of 50% of the cost or $3,500.  To register your interest contact Yarra Energy Foundation.

Medium and large businesses owners who are interested in solar should contact Yarra Energy Foundation to discuss their options.

For inspiration we have a series of local business who have installed solar and their case studies: 

Batteries

Smart grid connected battery storage technology is developing rapidly, as are the uses for commercial batteries. If this is of interest please speak with an energy advisor, such as Yarra Energy Foundation, about what would work best for you. 

The University of Queensland Battery Trial is demonstrating that combined with appropriate generation and wholesale market contracts, the economics of batteries could be appealing for your business.

The Clean Energy Council has a list of installers and approved batteries.

Off-site generation 

If this is of interest to you please email Aaron Gray at aaron.gray@yarracity.vic.gov.au. We are working on several projects including ways to procure renewable power purchase agreements as part of our 100% Renewable Yarra campaign and will be happy to help you out where we can. 

Signing up to a renewable energy retailer offer

Many retailers offer an option to purchase a certain percentage of renewable energy within their standard mix of energy plans. 

GreenPower is an Australian Government renewable energy accreditation scheme that is regarded as the most reputable source of renewable energy. Most electricity retailers offer accredited GreenPower. 

When you choose GreenPower your electricity retailer purchases the equivalent amount of renewable energy. 

You pay a premium for the electricity you buy as GreenPower. This premium, along with the wholesale electricity cost of the electricity you use, goes toward investment in renewable energy.

You can compare contracts and offers at Victorian Energy Compare.

Power Purchase Agreements (PPA)

A PPA is a long-term agreement to purchase renewable energy. The contract is held with a retailer or with a retailer and a generator via a tri-partite agreement. Our PPA webinar provides a good overview of the market and various PPA’s available. 

Watch a recording of a webinar on PPAs by Yarra City Council and Business Renewables Centre Australia from September 2020.

Whilst aimed at large electricity users, the retail PPA market offers a large variety of options and contracts. All businesses with a commercial meter can access the market, but it is best suited to large electricity users at this stage. 

The energy costs vary depending on the project, the contract, the technology and the location. 

In addition to pricing, there is potential within a contract agreement to reduce long term price volatility with fixed rates for most of your power needs. 

Many projects and contracts can deliver initial cost savings, however this isn’t guaranteed, as market prices move over time. 

The Business Renewables Centre-Australia has been established as an independent information hub and membership platform that aims to simplify, streamline and accelerate corporate purchasing of large-scale wind and solar energy and storage.  

City of Melbourne have a detailed renewable energy procurement guide or you can contact Yarra's sustainability team.

Batteries

Smart grid connected battery storage technology is developing rapidly, as are the uses for commercial batteries. If this is of interest please speak with an energy advisor, such as Yarra Energy Foundation, about what would work best for you.

The University of Queensland Battery Trial is demonstrating that combined with appropriate generation and wholesale market contracts, the economics of batteries could be appealing for your business.

The Clean Energy Council has a list of installers and approved batteries.

Off-site generation 

If this is of interest to you please email Aaron Gray at aaron.gray@yarracity.vic.gov.au. We are working on several projects including ways to procure renewable power purchase agreements as part of our 100% Renewable Yarra campaign and will be happy to help you out where we can. 

 

Signing up to a renewable energy retailer offer

Many retailers offer an option to purchase a certain percentage of renewable energy within their standard mix of energy plans. 

GreenPower is an Australian Government renewable energy accreditation scheme that is regarded as the most reputable source of renewable energy. Most electricity retailers offer accredited GreenPower. 

When you choose GreenPower your electricity retailer purchases the equivalent amount of renewable energy. 

You pay a premium for the electricity you buy as GreenPower. This premium, along with the wholesale electricity cost of the electricity you use, goes toward investment in renewable energy.

You can compare contracts and offers at Victorian Energy Compare.

Power Purchase Agreements (PPA)

A PPA is a long-term agreement to purchase renewable energy. The contract is held with a retailer or with a retailer and a generator via a tri-partite agreement. Our PPA webinar provides a good overview of the market and various PPA’s available. 

Watch a recording of a webinar on PPAs by Yarra City Council and Business Renewables Centre Australia from September 2020.

Whilst aimed at large electricity users, the retail PPA market offers a large variety of options and contracts. All businesses with a commercial meter can access the market, but it is best suited to large electricity users at this stage. 

The energy costs vary depending on the project, the contract, the technology and the location. 

In addition to pricing, there is potential within a contract agreement to reduce long term price volatility with fixed rates for most of your power needs. 

Many projects and contracts can deliver initial cost savings, however this isn’t guaranteed, as market prices move over time. 

The Business Renewables Centre-Australia has been established as an independent information hub and membership platform that aims to simplify, streamline and accelerate corporate purchasing of large-scale wind and solar energy and storage.  

City of Melbourne have a detailed renewable energy procurement guide or you can contact Yarra's sustainability team.

 

Batteries

Smart grid connected battery storage technology is developing rapidly, as are the uses for commercial batteries. If this is of interest please speak with an energy advisor, such as Yarra Energy Foundation, about what would work best for you.

The University of Queensland Battery Trial is demonstrating that combined with appropriate generation and wholesale market contracts, the economics of batteries could be appealing for your business.

The Clean Energy Council has a list of installers and approved batteries.

Off-site generation 

If this is of interest to you please email Aaron Gray at aaron.gray@yarracity.vic.gov.au. We are working on several projects including ways to procure renewable power purchase agreements as part of our 100% Renewable Yarra campaign and will be happy to help you out where we can. 

 

Signing up to a renewable energy retailer offer

Many retailers offer an option to purchase a certain percentage of renewable energy within their standard mix of energy plans. 

GreenPower is an Australian Government renewable energy accreditation scheme that is regarded as the most reputable source of renewable energy. Most electricity retailers offer accredited GreenPower. 

When you choose GreenPower your electricity retailer purchases the equivalent amount of renewable energy. 

You pay a premium for the electricity you buy as GreenPower. This premium, along with the wholesale electricity cost of the electricity you use, goes toward investment in renewable energy.

You can compare contracts and offers at Victorian Energy Compare.

Power Purchase Agreements (PPA)

A PPA is a long-term agreement to purchase renewable energy. The contract is held with a retailer or with a retailer and a generator via a tri-partite agreement. Our PPA webinar provides a good overview of the market and various PPA’s available. 

Watch a recording of a webinar on PPAs by Yarra City Council and Business Renewables Centre Australia from September 2020.

Whilst aimed at large electricity users, the retail PPA market offers a large variety of options and contracts. All businesses with a commercial meter can access the market, but it is best suited to large electricity users at this stage. 

The energy costs vary depending on the project, the contract, the technology and the location. 

In addition to pricing, there is potential within a contract agreement to reduce long term price volatility with fixed rates for most of your power needs. 

Many projects and contracts can deliver initial cost savings, however this isn’t guaranteed, as market prices move over time. 

The Business Renewables Centre-Australia has been established as an independent information hub and membership platform that aims to simplify, streamline and accelerate corporate purchasing of large-scale wind and solar energy and storage.  

City of Melbourne have a detailed renewable energy procurement guide or you can contact Yarra's sustainability team.