Small-scale Renewable Energy Scheme (SRES): This program provides a subsidy for small-scale solar panel installations. The subsidy is in the form of Small-scale Technology Certificates (STCs), which can be traded or sold to help offset the cost of the solar system. The number of STCs granted depends on the size of the solar system and the region it is installed in. The SRES is administered by the Clean Energy Regulator.

March 13, 2024by Luke0

The SRES aims to promote the uptake of small-scale renewable energy systems, such as Solar panels, by providing financial incentives for households and businesses to invest in clean energy technology. By reducing the upfront cost of installing Solar panels, the SRES makes renewable energy more accessible and affordable for consumers.

To be eligible for the SRES subsidy, the Solar panels must be installed by a Clean Energy Council accredited installer and meet certain quality and safety standards. The number of STCs granted for a Solar system is based on the amount of clean energy it is expected to generate over a set period of time. The value of STCs can fluctuate depending on market demand, but they can be a valuable source of income for system owners.

The SRES is an important part of Australia’s efforts to reduce greenhouse gas emissions and transition to a more sustainable energy future. By supporting the growth of renewable energy generation, the SRES helps to reduce reliance on fossil fuels and lower carbon emissions. It also helps to create jobs in the renewable energy sector and stimulate economic growth.

Overall, the SRES is a valuable program that encourages the adoption of clean energy technology and contributes to a more sustainable and environmentally friendly future for Australia.

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