Small-scale Renewable Energy Scheme (SRES): This federal government program provides a financial incentive for the installation of small-scale renewable energy systems, including solar panels. The incentive is provided in the form of small-scale technology certificates (STCs), which can be traded and sold to help offset the upfront cost of installing solar panels.

April 1, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy systems by offering a financial reward for households and businesses that invest in Solar power. By generating their own clean energy, participants can reduce their electricity bills and lower their carbon footprint.

To be eligible for the SRES, Solar panel systems must meet certain criteria, such as being installed by a Clean Energy Council-accredited installer and using approved Solar panels and inverters. The number of STCs that can be claimed depends on factors such as the size of the system and the location of the installation.

Participants can either assign their STCs to an installer or retailer in exchange for a discount on the upfront cost of their Solar panel system, or they can sell the STCs themselves on the open market. The value of STCs can fluctuate based on market demand and supply, so it’s important to keep up to date with the latest prices.

Overall, the SRES is a valuable program that helps make Solar power more affordable for Australian households and businesses, while also supporting the transition to a cleaner, more sustainable energy future.

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