Small-scale Renewable Energy Scheme (SRES): This rebate is available to residential and small business customers who install small-scale renewable energy systems, including solar panels, wind turbines, and hydro systems. The rebate is provided in the form of Small-scale Technology Certificates (STCs), which can be sold to electricity retailers or traders to offset the cost of the system. The number of STCs received depends on the size and location of the system, as well as the amount of electricity it is expected to generate over its lifetime.

March 15, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy systems by providing a financial incentive to offset some of the upfront costs. This helps to make renewable energy more accessible and affordable for households and small businesses, ultimately contributing to a reduction in greenhouse gas emissions and a transition towards a more sustainable energy future.

To be eligible for the SRES, the system must be installed by a Clean Energy Council accredited installer and meet relevant Australian standards and guidelines. Customers can apply for the Rebate through their installer, who will assist with the paperwork and processing of STCs. The value of STCs can fluctuate based on market conditions, so it’s important to stay informed and act quickly to maximize the benefit of the Rebate.

Overall, the SRES is a valuable initiative that supports the growth of renewable energy in Australia, providing tangible benefits for both individuals and the environment. By investing in small-scale renewable energy systems, customers can reduce their electricity bills, increase their energy independence, and contribute to a cleaner, more sustainable future for generations to come.

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