Small-scale Renewable Energy Scheme (SRES): This national program provides financial incentives in the form of Small-scale Technology Certificates (STCs) for installing solar panel systems with a capacity of up to 100 kilowatts. The number of STCs received depends on the system’s capacity and the location. These certificates can be sold to electricity retailers to offset the cost of the solar system.

February 20, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy systems in Australia by making them more affordable for homeowners and businesses. By receiving STCs for installing Solar panels, individuals can reduce their upfront costs and make the switch to clean energy more financially viable.

The amount of financial incentive provided through the SRES varies depending on factors such as the size of the Solar system and the location where it is installed. This helps to ensure that the program is accessible and beneficial to a wide range of households and businesses across the country.

In addition to the financial incentives, the SRES also helps to reduce greenhouse gas emissions and promote sustainability by encouraging the use of clean, renewable energy sources. By supporting the installation of Solar panels and other small-scale renewable energy systems, the program contributes to Australia’s transition towards a more sustainable and environmentally friendly energy system.

Overall, the Small-scale Renewable Energy Scheme plays an important role in promoting the adoption of renewable energy technologies in Australia and helping to create a more sustainable future for generations to come.

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