The SRES helps to reduce the upfront cost of installing renewable energy systems, making them more accessible and affordable for individuals and small businesses. By generating their own clean energy, participants can reduce their electricity bills and carbon footprint, while also contributing to the transition towards a more sustainable energy system.
To participate in the SRES, individuals and small businesses must use accredited installers and products, adhere to relevant standards and guidelines, and submit the necessary documentation to claim their STCs. The Rebate is typically applied as a point-of-sale discount or through a claim process after the system has been installed.
Overall, the Small-scale Renewable Energy Scheme plays a crucial role in promoting the uptake of renewable energy technologies and supporting the transition to a low-carbon economy. By incentivizing the adoption of Solar panels and other renewable energy systems, the scheme helps to drive innovation, create jobs, and reduce greenhouse gas emissions.