Small-scale Renewable Energy Scheme (SRES): This rebate is available for small-scale solar power systems with a capacity of up to 100 kilowatts. Under the SRES, eligible installations receive Small-scale Technology Certificates (STCs) based on the system’s expected electricity generation over a 15-year period. These certificates can be sold to electricity retailers to offset the cost of the system.

March 25, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy systems by providing financial incentives to homeowners and businesses looking to install Solar power systems. By offsetting the upfront cost of installation through the sale of STCs, the scheme makes renewable energy more accessible and affordable for consumers.

To be eligible for the SRES, the Solar power system must be installed by a Clean Energy Council accredited installer and meet Australian Standards for safety and performance. The number of STCs received is based on the location of the installation, the size of the system, and the amount of renewable energy generated.

By participating in the SRES, consumers not only reduce their electricity bills by generating their own clean energy but also contribute to reducing greenhouse gas emissions and lowering their carbon footprint. The scheme helps to support the growth of the renewable energy industry and transition towards a more sustainable and environmentally friendly energy system.

Overall, the Small-scale Renewable Energy Scheme provides an important incentive for individuals and businesses to invest in Solar power systems, leading to a cleaner and more sustainable energy future for Australia.

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