Small-scale Renewable Energy Scheme (SRES): This is a national program that provides financial incentives for small-scale renewable energy systems, including solar panel installations. The incentives are in the form of Small-scale Technology Certificates (STCs), which can be claimed by the system owner or sold to a registered agent.

February 24, 2024by Luke0

The amount of STCs that can be claimed depends on the size and location of the system, as well as the amount of renewable energy it is expected to generate over its lifetime. These certificates can then be traded on the open market, providing a source of income for system owners.

The SRES aims to encourage the uptake of renewable energy systems by reducing the upfront cost for consumers. By offering financial incentives, the program helps to make renewable energy more affordable and accessible, ultimately contributing to a reduction in greenhouse gas emissions and a transition towards a cleaner energy future.

To be eligible for the SRES, the renewable energy system must meet certain criteria and be installed by a Clean Energy Council accredited installer. System owners can apply for STCs through the Renewable Energy Target (RET) website and track the progress of their application.

Overall, the Small-scale Renewable Energy Scheme plays a crucial role in supporting the growth of renewable energy in Australia and encouraging more households and businesses to invest in clean, sustainable energy solutions.

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