Small-scale Renewable Energy Scheme (SRES): This scheme is administered by the Clean Energy Regulator and provides financial incentives for installing small-scale renewable energy systems, including solar panels. The SRES is funded through the Renewable Energy Target (RET) and provides homeowners with small-scale technology certificates (STCs) for their solar installations. These certificates can then be sold to electricity retailers, which helps offset the cost of the solar system. The number of STCs received depends on factors such as the size of the solar system and its location.

March 21, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy systems in Australia by making them more affordable for homeowners. By providing financial incentives for installing Solar panels, the scheme helps reduce greenhouse gas emissions and reliance on fossil fuels for electricity generation.

To be eligible for the SRES, homeowners must use approved Solar panels and have their system installed by a Clean Energy Council accredited installer. The amount of financial incentive received through the scheme will vary depending on the size of the Solar system and the number of STCs it is eligible for.

Overall, the SRES plays a crucial role in promoting the transition to clean and renewable energy sources in Australia, helping homeowners reduce their carbon footprint and save money on their electricity bills in the long run.

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