Small-scale Renewable Energy Scheme (SRES): This rebate is administered through the Renewable Energy Target (RET) and provides financial incentives for small-scale solar panel installations (systems up to 100 kilowatts). The rebate is calculated based on the number of Small-scale Technology Certificates (STCs) the system is eligible for. These certificates can be traded or sold to recoup a portion of the installation costs.

May 11, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy systems by reducing the upfront cost for homeowners and businesses. By offering a financial incentive, the scheme helps to make Solar power more affordable and accessible to a wider range of consumers.

To be eligible for the SRES Rebate, the Solar panel system must be installed by a Clean Energy Council accredited installer and comply with relevant Australian standards. The amount of the Rebate will vary depending on factors such as the size of the system, location, and the current market price of STCs.

Overall, the SRES plays a crucial role in supporting the growth of renewable energy in Australia and reducing greenhouse gas emissions. It not only benefits individual consumers by lowering their energy bills and reducing their carbon footprint, but also contributes to the country’s overall transition to a cleaner and more sustainable energy future.

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