Small-scale Renewable Energy Scheme (SRES): This scheme is administered by the Clean Energy Regulator and provides rebates in the form of Small-scale Technology Certificates (STCs). These certificates are created for eligible solar panel installations and can be sold or traded to registered agents who then sell them to electricity retailers. The value of the rebate depends on factors such as the size of the solar system, its location, and the market price of STCs.

March 20, 2024by Luke0

The SRES aims to encourage the uptake of small-scale renewable energy systems, such as Solar panels, by providing financial incentives to households and businesses. By reducing the upfront cost of installing Solar panels, the scheme makes renewable energy more accessible and affordable for consumers.

To be eligible for the Rebate, Solar panel systems must meet certain criteria, such as being installed by a Clean Energy Council accredited installer and using approved Solar panels and inverters. The amount of the Rebate is calculated based on the amount of electricity the system is expected to generate over its lifetime, as well as the current market price of STCs.

Overall, the SRES plays a crucial role in supporting the growth of the renewable energy industry in Australia and reducing greenhouse gas emissions. It helps to make Solar power a more viable option for households and businesses, leading to a cleaner and more sustainable energy future.

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