Small-scale Renewable Energy Scheme (SRES): This national scheme provides financial incentives in the form of Small-scale Technology Certificates (STCs) for installing solar panels, solar water heaters, and heat pumps. The number of STCs received depends on the amount of renewable energy generated and the location of the installation. These certificates can be sold to electricity retailers to offset the upfront cost of the solar system.

February 25, 2024by Luke0

The SRES aims to encourage the adoption of renewable energy technologies by making them more affordable for households and businesses. By reducing the cost of installing Solar panels and other renewable energy systems, the scheme helps to increase the uptake of clean energy and reduce greenhouse gas emissions.

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 financial incentive provided through STCs varies depending on factors such as the size of the system, the location, and the type of technology installed.

Overall, the SRES plays a crucial role in supporting the transition to a cleaner and more sustainable energy future in Australia. It not only helps to reduce electricity bills for consumers but also contributes to the country’s efforts to combat climate change and reduce its reliance on fossil fuels.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *