Small-scale Renewable Energy Scheme (SRES): The SRES provides a financial incentive for installing small-scale renewable energy systems, including solar panels. The scheme offers Small-scale Technology Certificates (STCs) that can be traded or sold to recoup a portion of the installation costs.

March 7, 2024by Luke0

The SRES aims to promote the uptake of renewable energy systems by reducing the upfront cost for consumers. By providing a financial incentive, the scheme helps to make renewable energy more accessible and affordable for households and businesses.

Under the SRES, the number of STCs issued depends on the size and location of the renewable energy system. These certificates can then be traded on the open market or sold to registered agents, who can then surrender them to the government to meet their renewable energy targets.

Overall, the Small-scale Renewable Energy Scheme plays a crucial role in supporting the transition to a cleaner and more sustainable energy future. By incentivizing the installation of small-scale renewable energy systems, such as Solar panels, the scheme helps to reduce greenhouse gas emissions and promote the use of clean, renewable energy sources.

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