Small-scale Renewable Energy Scheme (SRES): The SRES is a federal government initiative that provides financial incentives in the form of Small-scale Technology Certificates (STCs) to individuals and small businesses that install eligible solar systems. These certificates can be traded or sold to help offset the upfront cost of installing solar panels.

February 22, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy technologies such as Solar panels, Solar water heaters, and small-scale wind turbines by making them more affordable for consumers. By generating electricity from renewable sources, these systems help reduce greenhouse gas emissions and reliance on fossil fuels.

To be eligible for STCs, the Solar system must be installed by a Clean Energy Council accredited installer and meet certain quality and performance standards. The number of STCs received depends on factors such as the size of the system, location, and the amount of electricity it is expected to generate over its lifetime.

The value of STCs fluctuates depending on market conditions and government policies, but they can provide a significant financial incentive for individuals and businesses looking to invest in renewable energy. The SRES is scheduled to phase out by 2030, so now is a good time to take advantage of the scheme and start generating clean, renewable energy for your home or business.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *