No. This is a certificate trading scheme where 1 certificate = 1 notional MWh of energy saved. Certificates can be created by Accredited Certificate Providers, who may sell the certificates to Scheme Participants, such as electricity retailers, who have an obligation to meet an energy savings target each year.
There are no direct rebates offered by the Energy Savings Scheme. However, some Accredited Certificate Providers may use some of the revenue they generate from certificates to offer either rebates or discounted products to customers.
See Your Energy Savings if you are interested in rebate schemes