Do we need a RET target at all? The rapacious electricity suppliers are doing a pretty good job of creating a death spiral in their industry by the charges they leavy. Solar PV is getting close to breakeven. Anyone with halogen down lights is ahead simply by changing them all over to LEDs another back breaker for the suppliers.
Here in Victoria, the pay back periodf for LED lights is a couple of years and is a no-brainer as the classics say. Solar PV won't be far behind, especially with battery storage costs coming down for electricity use out of daylight hours.
