Small-scale Renewable Energy Scheme (SRES): The SRES is a federal government program that provides incentives for installing small-scale renewable energy systems, including solar panels. Under this scheme, eligible households and businesses receive Small-scale Technology Certificates (STCs) based on the expected electricity generation of their solar power system. These STCs can be sold to energy retailers or other buyers, providing a financial benefit that reduces the overall cost of the solar installation.

March 8, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy technologies and reduce greenhouse gas emissions. By providing financial incentives for the installation of small-scale renewable energy systems, such as Solar panels, the scheme aims to make these technologies more accessible and affordable for households and businesses.

To be eligible for the SRES, Solar power systems must meet certain criteria, including being installed by a Clean Energy Council accredited installer and using approved Solar panels and inverters. The amount of financial assistance available through the scheme depends on factors such as the size of the Solar power system and the location of the installation.

Overall, the SRES plays a crucial role in supporting the transition to a more sustainable and environmentally friendly energy system in Australia. By incentivizing the installation of small-scale renewable energy systems, the scheme helps to reduce reliance on fossil fuels and promote the use of clean, renewable energy sources.

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