Small-scale Renewable Energy Scheme (SRES): This rebate is also known as the solar panel rebate and is available to residential, commercial, and industrial properties with systems smaller than 100 kilowatts (kW) in capacity. Under this scheme, homeowners and businesses receive small-scale technology certificates (STCs) based on the expected electricity generation of their solar panel system over a period of 15 years. These STCs can be sold to electricity retailers or registered agents, who then surrender them to the government to meet their renewable energy obligations. The value of the STCs varies depending on factors such as the location, size, and installation date of the system.

April 2, 2024by Luke0

The SRES aims to encourage the uptake of small-scale renewable energy systems, such as Solar panels, by providing a financial incentive to offset the upfront cost of installation. By generating their own clean energy, homeowners and businesses can reduce their reliance on grid electricity and lower their carbon footprint.

To be eligible for the SRES Rebate, the Solar panel system must be installed by a Clean Energy Council accredited installer and meet Australian standards for safety and performance. The Rebate amount varies depending on the size of the system and the location of the property, with higher rebates available for systems in areas with higher Solar radiation levels.

Overall, the SRES Rebate helps to support the transition to a more sustainable and renewable energy future by making clean energy technologies more accessible and affordable for homeowners and businesses.

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