Small-scale Renewable Energy Scheme (SRES): This program offers a rebate in the form of small-scale technology certificates (STCs) to eligible solar system owners. The number of STCs a system is eligible for depends on its capacity and location. These certificates can be sold to electricity retailers, who have an obligation to purchase a certain amount of renewable energy each year.

April 5, 2024by Luke0

The SRES is designed to encourage the installation of small-scale renewable energy systems, such as Solar panels, wind turbines, and Solar hot water systems. By providing a financial incentive in the form of STCs, the scheme helps offset the upfront costs of installing these systems, making them more accessible to homeowners and businesses.

To be eligible for the SRES Rebate, the renewable energy system must be installed by a Clean Energy Council accredited installer and meet the relevant Australian standards. The Rebate is available for systems with a capacity of up to 100kW, with larger systems eligible for the Large-scale Renewable Energy Target (LRET) scheme.

The SRES has been successful in promoting the uptake of renewable energy systems in Australia, helping to reduce greenhouse gas emissions and dependence on fossil fuels. The scheme is administered by the Clean Energy Regulator, which oversees the creation and trading of STCs. Overall, the SRES plays a key role in Australia’s transition to a cleaner and more sustainable energy future.

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