Small-scale Renewable Energy Scheme (SRES): This national program provides financial incentives to homeowners and small businesses that install eligible small-scale renewable energy systems, including solar panels. The rebate is in the form of Small-scale Technology Certificates (STCs), which can be sold or assigned to an agent in exchange for a discount on the installation cost. The value of the rebate depends on factors such as the size of the system and the location.

March 13, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy technologies by making them more affordable for consumers. By offsetting the upfront costs of installing Solar panels or other renewable energy systems, the scheme helps to reduce the payback period and make renewable energy more accessible to a wider range of households and businesses.

In addition to the financial incentives provided through the SRES, there are also environmental benefits associated with the adoption of renewable energy technologies. By generating clean electricity from sources such as Solar or wind power, homeowners and businesses can reduce their carbon footprint and contribute to the transition to a low-carbon economy.

Overall, the SRES plays an important role in supporting the growth of the renewable energy sector in Australia and helping to achieve national emissions reduction targets. By incentivizing the installation of small-scale renewable energy systems, the scheme is helping to drive the transition towards a more sustainable and environmentally friendly energy system.

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