Small-scale Renewable Energy Scheme (SRES): This rebate is available across Australia and provides a financial incentive for the installation of small-scale renewable energy systems, including solar panels. The rebate is calculated based on the amount of renewable energy the system is expected to generate over its lifetime, and the rebate value is expressed in Small-scale Technology Certificates (STCs). The number of STCs generated depends on factors such as the system size, location, and installation date. These STCs can be sold to electricity retailers, who are obligated to buy them to meet their renewable energy targets. The value of STCs fluctuates based on market demand.

March 7, 2024by Luke0

Homeowners, businesses, and community groups are eligible to apply for the SRES Rebate, which can significantly reduce the upfront cost of installing a Solar panel system. The Rebate is not means-tested, so anyone who meets the eligibility criteria can apply.

To claim the Rebate, the system must be installed by a Clean Energy Council accredited installer, and the system must meet Australian standards and guidelines. It’s important to note that the Rebate is not a cash payment but rather a discount on the cost of the system.

The SRES Rebate aims to encourage the uptake of renewable energy and reduce greenhouse gas emissions. By installing Solar panels or other renewable energy systems, individuals and businesses can reduce their electricity bills, decrease their reliance on fossil fuels, and contribute to a more sustainable future.

Overall, the SRES Rebate is a valuable financial incentive for those looking to invest in renewable energy systems and make a positive impact on the environment.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *