Small-scale Renewable Energy Scheme (SRES): The SRES is a federal government scheme that provides small-scale technology certificates (STCs) to eligible solar system owners. These STCs can be traded and sold to electricity retailers, who are required by law to purchase a certain percentage of their electricity from renewable sources. The value of STCs depends on factors such as the location, size, and efficiency of the solar system.

March 23, 2024by Luke0

The SRES aims to encourage the installation of small-scale renewable energy systems, such as Solar panels, by providing financial incentives to homeowners and businesses. By reducing the upfront cost of installing Solar systems, the scheme makes renewable energy more accessible and affordable for consumers.

To be eligible for STCs under the SRES, Solar system owners must use approved Solar panels and inverters, and the installation must be carried out by a Clean Energy Council accredited installer. The number of STCs received depends on the size of the Solar system and the amount of renewable energy it is expected to generate over its lifetime.

Once the Solar system is installed, the owner can either sell the STCs themselves or assign them to a registered agent who will sell them on their behalf. The value of STCs fluctuates depending on market conditions, so it is important for system owners to stay informed about the current market price.

Overall, the SRES is an important initiative in Australia’s transition to a more sustainable and renewable energy future. By supporting the growth of small-scale renewable energy systems, the scheme helps reduce greenhouse gas emissions and dependence on fossil fuels, while also creating economic opportunities for renewable energy industry.

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