Small-scale Renewable Energy Scheme (SRES): This rebate is applicable for small-scale solar panel systems, wind systems, and solar water heaters. It is administered by the Clean Energy Regulator and is available to households, businesses, and community organizations. The rebate is provided in the form of Small-scale Technology Certificates (STCs), which are created for every megawatt-hour of renewable energy produced by the system. These STCs can be sold to electricity retailers or traders to help offset the cost of the installation.

March 21, 2024by Luke0

The amount of Rebate received depends on factors such as the size of the system, location, and the current market price of STCs. The SRES aims to encourage the uptake of renewable energy systems by providing financial incentives to offset the upfront costs of installation.

To be eligible for the Rebate, the system must be installed by a Clean Energy Council accredited installer and meet the required standards and guidelines. It is important to note that the SRES is a declining Rebate, meaning that the value of STCs decreases over time as the scheme phases out.

Overall, the SRES provides a valuable opportunity for households, businesses, and community organizations to invest in renewable energy systems and reduce their reliance on traditional energy sources. By taking advantage of this Rebate, individuals can not only save money on their energy bills but also contribute to a cleaner and more sustainable future.

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