Small-scale Renewable Energy Scheme (SRES): This is a federal government program that provides financial incentives in the form of Small-scale Technology Certificates (STCs) for eligible solar PV systems. The number of STCs depends on the system’s size, location, and the amount of electricity it is expected to generate over its lifetime.

March 4, 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. STCs can be sold to liable entities, such as electricity retailers, to offset their obligations under the Renewable Energy Target scheme.

To be eligible for the SRES, Solar PV systems must be installed by a Clean Energy Council accredited installer and meet certain standards and requirements. The financial incentives provided through the SRES can help make Solar power more affordable for households and businesses, while also contributing to reducing greenhouse gas emissions and increasing the uptake of renewable energy in Australia.

Overall, the SRES plays an important role in supporting the growth of the renewable energy industry and helping Australia transition to a more sustainable and low-carbon future.

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