Small-scale Renewable Energy Scheme (SRES): This rebate is available nationwide and is based on the number of small-scale technology certificates (STCs) that can be created from the installation of a solar system. The number of STCs depends on factors such as the size of the system, its location, and the amount of electricity it is expected to generate over its lifetime. The STCs can be sold to electricity retailers or traded on the open market to offset the cost of the solar system.

March 18, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy systems, such as Solar panels, by providing a financial incentive to homeowners and businesses. By offsetting the cost of installing these systems, the SRES makes renewable energy more accessible and affordable for Australians.

To be eligible for the SRES Rebate, the Solar system must be installed by a Clean Energy Council accredited installer and meet certain quality and safety standards. The Rebate amount can vary depending on the size and location of the system, with larger systems in areas with higher Solar radiation receiving more STCs.

The SRES is administered by the Clean Energy Regulator, which oversees the creation and trading of STCs. Homeowners and businesses can apply for the Rebate through their Solar installer, who will help them navigate the process and ensure that all requirements are met.

Overall, the SRES is an important tool in Australia’s transition to a cleaner and more sustainable energy future. By incentivizing the adoption of renewable energy technologies, such as Solar panels, the SRES helps reduce greenhouse gas emissions, lower electricity bills, and create a more resilient and decentralized energy system.

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