Small-scale Renewable Energy Scheme (SRES): This rebate is available for small-scale solar panel installations (systems of less than 100 kilowatts). Under the SRES, homeowners and businesses can create Small-scale Technology Certificates (STCs) for their solar panels, which can then be sold to electricity retailers. The number of STCs a system is eligible for depends on factors such as the size of the system and the location. These certificates can be worth thousands of dollars and significantly reduce the upfront cost of installing solar panels.

March 20, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy sources, such as Solar power, by making them more affordable for consumers. By providing financial incentives in the form of STCs, the scheme helps to offset the initial investment required to install Solar panels, making it a more attractive option for homeowners and businesses.

In addition to the financial benefits, installing Solar panels through the SRES can also help to reduce electricity bills by generating clean, renewable energy that can be used to power homes and businesses. This can lead to long-term savings on energy costs and help to reduce reliance on fossil fuels, which in turn helps to lower greenhouse gas emissions and combat climate change.

Overall, the Small-scale Renewable Energy Scheme is a valuable initiative that not only supports the growth of renewable energy in Australia but also provides tangible benefits for consumers looking to reduce their environmental impact and save money on their energy bills.

Share on:

Leave a Reply

Your email address will not be published.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