Small-scale Renewable Energy Scheme (SRES): This rebate is available for small-scale solar panel, wind, and hydro systems with a capacity of up to 100 kilowatts. It is based on the number of small-scale technology certificates (STCs) that can be created by the system, which are then sold to electricity retailers. The value of each STC can vary depending on market conditions.

March 12, 2024by Luke0

The SRES was introduced by the Australian government to encourage the uptake of renewable energy systems by providing financial incentives to homeowners and businesses. By installing a small-scale renewable energy system, you can not only reduce your electricity bills but also reduce your carbon footprint and contribute to a cleaner environment.

To be eligible for the SRES Rebate, your system must be installed by a Clean Energy Council accredited installer and meet all relevant Australian standards and guidelines. Once your system is installed, the installer will provide you with a certificate of compliance, which can then be used to create STCs.

The number of STCs that can be created by your system depends on factors such as the size of the system, its location, and the amount of renewable energy it is expected to generate over its lifetime. The value of each STC is determined by the market and can fluctuate depending on supply and demand.

Overall, the SRES Rebate can help offset the upfront costs of installing a small-scale renewable energy system and make it more affordable for homeowners and businesses to transition to clean energy. If you are considering installing a Solar panel, wind, or hydro system, be sure to check if you are eligible for the SRES Rebate and take advantage of this financial incentive.

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