Small-scale Renewable Energy Scheme (SRES): This scheme is available nationwide and provides a rebate in the form of Small-scale Technology Certificates (STCs). These certificates are created based on the expected electricity generation of the solar panels over their lifetime. The value of the rebate depends on the location, size, and efficiency of the solar system. The STCs can be sold to electricity retailers, who are required by law to purchase a certain number of certificates each year.

March 14, 2024by Luke0

To be eligible for the SRES Rebate, the Solar system must be installed by a Clean Energy Council accredited installer and meet the relevant Australian standards and guidelines. The Rebate can significantly reduce the upfront cost of installing Solar panels, making renewable energy more accessible to households and businesses.

The SRES Rebate is part of the government’s efforts to encourage the uptake of renewable energy and reduce greenhouse gas emissions. By incentivizing the installation of Solar panels, the scheme helps to lower electricity bills, decrease reliance on fossil fuels, and contribute to a more sustainable future.

It is important to note that the SRES Rebate is scheduled to phase out by 2030, with the value of STCs decreasing each year. Therefore, now is a great time to take advantage of the scheme and start harnessing the power of the sun for your energy needs. Contact a Solar installer today to find out more about how you can benefit from the Small-scale Renewable Energy Scheme.

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