The SRES aims to encourage the uptake of small-scale renewable energy systems, such as Solar panels, by reducing the upfront costs for consumers. By receiving STCs for their Solar installations, homeowners can reduce the payback period for their investment and make renewable energy more accessible and affordable.
To be eligible for the SRES, the Solar system must be installed by a Clean Energy Council accredited installer and meet certain standards and requirements. The amount of financial incentive received through the program will vary depending on factors such as the size of the system, the location of installation, and the current market price of STCs.
Overall, the SRES is a valuable program that helps to support the growth of renewable energy in Australia and reduce greenhouse gas emissions. By providing financial incentives for small-scale renewable energy systems, the SRES contributes to building a cleaner and more sustainable energy future.