The SRES aims to encourage the uptake of renewable energy and reduce greenhouse gas emissions by making it more affordable for individuals and businesses to invest in Solar power. By offering financial incentives, the scheme helps to lower the payback period for Solar installations and make renewable energy more accessible for a wider range of consumers.
To be eligible for the SRES, the Solar system must be installed by a Clean Energy Council accredited installer and comply with Australian standards. The amount of financial incentive available depends on factors such as the size of the system, the location, and the current market price of STCs.
The SRES is an important tool in the transition towards a cleaner and more sustainable energy system in Australia. It not only helps to reduce electricity bills for households and businesses but also contributes to the overall goal of reducing carbon emissions and mitigating the impacts of climate change.
