Small-scale Renewable Energy Scheme (SRES): This rebate reduces the upfront cost of installing a solar panel system. It is available for systems with a capacity of up to 100 kilowatts. The rebate is provided in the form of Small-scale Technology Certificates (STCs), which are created based on the expected electricity generation of the solar panels over a 15-year period. The installer usually claims the rebate on behalf of the homeowner and deducts the value of the STCs from the system cost.

March 10, 2024by Luke0

The SRES is designed to incentivize the installation of small-scale renewable energy systems, such as Solar panels, by reducing the financial barrier for homeowners and businesses. By receiving a Rebate through the creation of STCs, the upfront cost of installing a Solar panel system becomes more affordable.

To be eligible for the SRES Rebate, the Solar panel system must be installed by a Clean Energy Council accredited installer and comply with all relevant Australian standards and regulations. The Rebate amount varies depending on factors such as the location of the system, the size of the system, and the current market price of STCs.

Overall, the SRES Rebate helps to promote the uptake of renewable energy technologies, reduce greenhouse gas emissions, and decrease reliance on fossil fuels for electricity generation. It is an important initiative in Australia’s transition to a more sustainable and environmentally friendly energy system.

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