Small-scale Renewable Energy Scheme (SRES): This is a national solar rebate program administered by the Clean Energy Regulator. The SRES provides small-scale technology certificates (STCs) for eligible solar power systems. The number of STCs received depends on the size of the system and the location. These certificates can be sold to electricity retailers, who are required by law to purchase a certain number of certificates each year. The value of the STCs fluctuates depending on market conditions.

March 12, 2024by Luke0

The SRES aims to encourage the installation of small-scale renewable energy systems, such as Solar panels, by providing financial incentives for homeowners and businesses. By offering STCs for eligible systems, the program helps offset the upfront costs of installing Solar power, making it more affordable for consumers.

The SRES has been successful in driving the uptake of Solar power across Australia, with many households and businesses taking advantage of the rebates to reduce their electricity bills and carbon footprint. The program has also helped create jobs in the renewable energy sector and support the growth of the Solar industry.

Overall, the SRES plays a crucial role in Australia’s transition to a cleaner and more sustainable energy future. It provides tangible benefits for both consumers and the environment, making it a key component of the country’s renewable energy policy.

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