Small-scale Renewable Energy Scheme (SRES): The SRES is a federal government program that provides financial incentives for the installation of small-scale renewable energy systems, including solar panels. Under the SRES, homeowners and businesses receive Small-scale Technology Certificates (STCs) for the solar power their system generates. These STCs can then be sold to electricity retailers or traded on the market, providing a discount on the upfront cost of the solar installation.

February 29, 2024by Luke0

The goal of the SRES is to encourage the uptake of renewable energy systems and reduce greenhouse gas emissions. By making Solar power more affordable for homeowners and businesses, the SRES helps to transition Australia towards a cleaner, more sustainable energy future.

To be eligible for the SRES, the Solar panel system must be installed by a Clean Energy Council accredited installer and meet certain technical requirements. The amount of financial assistance available through the SRES will depend on factors such as the size of the system and the location of the installation.

Overall, the SRES plays an important role in promoting the adoption of Solar energy in Australia, helping to reduce electricity bills, lower carbon emissions, and create a more sustainable energy system for future generations.

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