Small-scale Renewable Energy Scheme (SRES): This rebate is available for solar systems with a capacity of up to 100 kilowatts (kW). Under the SRES, eligible solar system owners receive Small-scale Technology Certificates (STCs), which can be sold or traded to offset the cost of the system. The number of STCs received depends on factors such as the system’s capacity, location, and the amount of electricity it is expected to generate over its lifetime.

February 22, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy systems by providing financial incentives to reduce the upfront cost for homeowners and businesses. By offsetting the cost of installing Solar panels, the scheme helps make renewable energy more accessible and affordable for consumers.

The amount of Rebate available through the SRES can vary depending on a range of factors, including the size of the Solar system, the location of the installation, and the current market price of STCs. Homeowners and businesses can use the Rebate to make the upfront cost of installing Solar panels more affordable, making it a more attractive option for those looking to reduce their reliance on traditional fossil fuels and lower their energy bills.

Overall, the Small-scale Renewable Energy Scheme plays a crucial role in promoting the transition to renewable energy sources in Australia, helping to reduce greenhouse gas emissions and combat climate change. By incentivizing the installation of Solar panels and other renewable energy systems, the SRES contributes to a more sustainable and environmentally friendly energy future.

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