Small-scale Renewable Energy Scheme (SRES): This rebate is available for residential and small-scale commercial solar installations with a capacity of up to 100 kilowatts. The SRES provides financial incentives in the form of Small-scale Technology Certificates (STCs), which can be traded for cash. The number of STCs received depends on the size of the solar system and its location, with more STCs granted for installations in areas with higher solar radiation levels. These STCs can be used to reduce the upfront cost of the solar system or sold to third-party buyers.

March 4, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy technologies by making them more affordable for consumers. By providing financial incentives for Solar installations, the scheme helps to reduce greenhouse gas emissions and promote the transition to a more sustainable energy future.

To be eligible for the SRES Rebate, the Solar system must be installed by a Clean Energy Council-accredited installer and meet Australian standards for quality and safety. It is important to note that the SRES Rebate is subject to change and may be phased out in the future, so it is recommended to take advantage of the scheme while it is still available.

Overall, the Small-scale Renewable Energy Scheme offers a valuable opportunity for homeowners and small businesses to invest in clean, renewable energy and reduce their reliance on fossil fuels. By taking advantage of the financial incentives provided through the SRES, individuals can lower their electricity bills, reduce their carbon footprint, and contribute to a more sustainable future for all.

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