Small-scale Renewable Energy Scheme (SRES): This rebate is available for residential and small-scale commercial solar installations of up to 100 kilowatts. Under the SRES, individuals receive Small-scale Technology Certificates (STCs) based on the size of their solar system. These STCs can be sold to electricity retailers, reducing the upfront cost of installing solar panels.

March 30, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy sources, such as Solar power, by providing financial incentives to individuals and businesses. By reducing the upfront cost of installing Solar panels, the scheme makes renewable energy more accessible and affordable for households and small businesses.

The amount of STCs received depends on the size of the Solar system and the location of the installation. The number of STCs decreases each year, so it is beneficial to take advantage of the scheme sooner rather than later.

In addition to reducing the cost of installing Solar panels, the SRES also helps to reduce greenhouse gas emissions and reliance on fossil fuels. By generating clean, renewable energy from the sun, Solar panels can help to lower electricity bills and reduce the carbon footprint of homes and businesses.

Overall, the Small-scale Renewable Energy Scheme is a valuable initiative that supports the transition to a more sustainable and environmentally friendly energy system. By incentivizing the adoption of Solar power, the scheme helps to create a cleaner, greener future for all.

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