Small-scale Renewable Energy Scheme (SRES): This rebate is administered through small-scale technology certificates (STCs), which are created when eligible solar power systems are installed. The number of STCs generated depends on the size of the system and its location. These certificates can be sold to electricity retailers, who are required by law to buy a certain number of them each year. The value of STCs can vary depending on market conditions.

The SRES Rebate helps to reduce the upfront cost of installing Solar power systems for residential and small-scale commercial properties. By creating a financial incentive for the installation of renewable energy systems, the SRES aims to promote the uptake of Solar power and reduce greenhouse gas emissions.

To be eligible for the SRES Rebate, the Solar power system must be installed by a Clean Energy Council accredited installer and meet certain technical requirements. The Rebate is available for grid-connected Solar power systems, Solar water heaters, and heat pump systems.

The SRES Rebate is a key part of the Australian Government’s efforts to promote renewable energy and reduce carbon emissions. By providing a financial incentive for the installation of Solar power systems, the SRES helps to make renewable energy more affordable and accessible to households and businesses across the country.