Small-scale Renewable Energy Scheme (SRES): This is a federal government initiative that provides financial incentives to homeowners, small businesses, and community organizations for installing small-scale renewable energy systems, including solar panels. The rebate is provided in the form of Small-scale Technology Certificates (STCs), which can be traded or sold to registered agents. The value of the rebate is based on the size of the solar system and the location of the installation.

February 13, 2024by Luke0


The Small-scale Renewable Energy Scheme (SRES) aims to promote the adoption of small-scale renewable energy systems by providing financial incentives. This initiative is primarily focused on Solar panels, but it also includes other forms of renewable energy systems such as wind turbines and hydroelectric systems.

Under the SRES, homeowners, small businesses, and community organizations are eligible to receive a Rebate in the form of Small-scale Technology Certificates (STCs). The number of STCs received depends on factors such as the size of the renewable energy system and the location of the installation.

STCs can be traded or sold to registered agents, who are responsible for meeting their obligations under the scheme. These agents purchase the STCs from system owners and use them to meet their own obligations or sell them on the open market.

The value of the Rebate is determined by the market price of STCs, which can fluctuate based on supply and demand. Generally, the Rebate decreases over time as the market for STCs matures and the cost of installing renewable energy systems decreases.

The SRES is administered by the Clean Energy Regulator, which oversees the creation, trading, and surrendering of STCs. The scheme is designed to reduce greenhouse gas emissions and encourage the transition to renewable energy sources, helping to address climate change and promote sustainability.

Overall, the Small-scale Renewable Energy Scheme provides a financial incentive for individuals and organizations to invest in small-scale renewable energy systems, contributing to the growth of the renewable energy sector and the reduction of carbon emissions.

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