Small-scale Renewable Energy Scheme (SRES): This rebate is available to homeowners, small businesses, and community organizations. It provides a discount on the upfront cost of installing solar panels and other eligible renewable energy systems. The rebate is calculated based on the amount of renewable energy the system is expected to generate over its lifetime, measured in Small-Scale Technology Certificates (STCs).

March 2, 2024by Luke0

STCs are created for each megawatt-hour of renewable electricity generated by the system, which can then be sold or traded to offset the cost of installation. The SRES helps to make renewable energy more affordable and accessible for individuals and organizations looking to reduce their carbon footprint and energy bills.

To be eligible for the SRES, the renewable energy system must be installed by a Clean Energy Council accredited installer and meet certain technical requirements. The Rebate amount will vary depending on the size of the system and its location, as different regions receive different levels of Solar radiation.

Overall, the SRES is a valuable incentive for those looking to invest in renewable energy and reduce their reliance on traditional fossil fuels. By making Solar panels and other renewable energy systems more affordable, the scheme helps to support the transition to a more sustainable and environmentally friendly energy future.

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