One of the key solar rebates in Australia is the Small-scale Renewable Energy Scheme (SRES), which provides financial incentives in the form of Small-scale Technology Certificates (STCs). These certificates are created for eligible solar power systems and can be sold or traded to reduce the upfront cost of installation. The number of certificates received depends on the system’s size, location, and the amount of renewable energy it is expected to generate over its lifetime.

March 18, 2024by Luke0

The SRES is a federal government scheme that aims to encourage the uptake of small-scale renewable energy systems, such as Solar panels, by providing a financial incentive to households and businesses. This helps to reduce the cost of installing Solar panels and makes renewable energy more accessible to a wider range of people.

To be eligible for the SRES, Solar power systems must be installed by a Clean Energy Council accredited installer and meet certain technical requirements. Once the system is installed, the installer will create STCs based on the system’s expected electricity generation over its lifetime. These STCs can then be sold to electricity retailers, who are required to purchase a certain number of certificates each year to meet their renewable energy targets.

The value of STCs can fluctuate depending on market conditions, but they can provide a significant discount on the upfront cost of installing a Solar power system. This makes Solar power more affordable for households and businesses, and helps to drive the transition to a cleaner, more sustainable energy future.

Overall, the SRES is an important incentive that helps to support the growth of the Solar power industry in Australia and reduce greenhouse gas emissions from the electricity sector. It plays a key role in making renewable energy more accessible and affordable for all Australians.

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