Small-scale Renewable Energy Scheme (SRES): The SRES is a federal government initiative that provides rebates for small-scale solar power systems with a capacity of up to 100 kilowatts. The rebate is provided in the form of Small-scale Technology Certificates (STCs), which can be sold to offset the cost of the system. The number of STCs received depends on the location, size, and efficiency of the solar system.

March 1, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy systems by providing financial incentives to homeowners and businesses. By reducing the upfront cost of installing Solar power systems, the scheme aims to make renewable energy more accessible and affordable for all Australians.

To be eligible for the SRES Rebate, the Solar power system must be installed by a Clean Energy Council accredited installer and use approved Solar panels and inverters. The Rebate amount varies depending on the size of the system and the location of the installation.

The SRES is part of the Renewable Energy Target (RET) scheme, which aims to ensure that 33,000 gigawatt-hours of Australia’s electricity comes from renewable sources by 2020. The scheme has been successful in driving the uptake of renewable energy systems across the country, helping to reduce greenhouse gas emissions and combat climate change.

Overall, the SRES is an important initiative that helps to support the growth of the renewable energy industry in Australia and reduce our reliance on fossil fuels. It provides a valuable financial incentive for homeowners and businesses to invest in Solar power systems, ultimately contributing to a more sustainable and environmentally friendly future.

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