Small-scale Renewable Energy Scheme (SRES): The SRES provides a financial incentive in the form of Small-scale Technology Certificates (STCs) for eligible solar panel installations. These certificates can be sold to electricity retailers, who are obligated to purchase a certain number of STCs each year. The value of the STCs depends on factors such as the size of the solar system and the location of the installation.

May 9, 2024by Luke0

The SRES aims to encourage the uptake of small-scale renewable energy systems, such as Solar panels, by reducing the upfront cost for consumers. By offering financial incentives, the scheme helps to make renewable energy more affordable and accessible to households and businesses.

To be eligible for the SRES, Solar panel installations must meet certain criteria, including being installed by a Clean Energy Council accredited installer and using approved Solar panels and inverters. The number of STCs that can be generated by a Solar system is based on its capacity and location, with more STCs available for systems in areas with higher levels of Solar radiation.

The value of STCs can fluctuate based on market demand and other factors, but they can provide a significant discount on the cost of a Solar panel installation. This can help to make renewable energy a more attractive option for consumers looking to reduce their electricity bills and environmental impact.

Overall, the SRES plays an important role in supporting the growth of renewable energy in Australia by incentivizing the adoption of small-scale Solar systems. By making Solar power more affordable, the scheme helps to reduce greenhouse gas emissions and promote a cleaner, more sustainable energy future.

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