Small-scale Renewable Energy Scheme (SRES): This is a federal government scheme that provides financial incentives to households and small businesses that install small-scale renewable energy systems, such as solar panels. The rebate is provided in the form of Small-scale Technology Certificates (STCs), which can be sold to recoup some of the upfront costs.

The SRES aims to encourage the uptake of renewable energy technologies and reduce greenhouse gas emissions. By providing financial incentives, the scheme helps make renewable energy systems more affordable for households and small businesses, leading to increased adoption of clean energy solutions.

To be eligible for the SRES, the renewable energy system must be installed by a Clean Energy Council accredited installer and meet certain standards and requirements. The amount of Rebate received depends on factors such as the size of the system, its location, and the market price of STCs.

Overall, the Small-scale Renewable Energy Scheme plays an important role in promoting the transition towards a more sustainable and environmentally friendly energy system in Australia.