On February 26, Australia's Minister for Climate Change and Water Penny Wong, and the Minister Assisting the Minister for Climate Change Greg Combet, announced that the government would make changes to the country's Renewable Energy Target plan. Starting in January 2011, the existing scheme will include two parts – the Small-scale Renewable Energy Scheme (SRES) and the Large-scale Renewable Energy Target (LRET).

The new SRES has been designed to deliver households, small business and community groups, $40 for each Renewable Energy Certificate (REC) created by small-scale technologies like solar panels and solar water heaters.