Small-scale Renewable Energy Scheme (SRES): This scheme provides a financial incentive for individuals and small businesses to install eligible small-scale renewable energy systems, including solar panels. The incentive is in the form of Small-scale Technology Certificates (STCs), which can be traded or sold to offset the cost of the system installation.

March 8, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy systems by reducing the upfront costs for consumers. By generating their own clean energy, individuals and small businesses can reduce their reliance on grid electricity and lower their carbon footprint.

To be eligible for the SRES, the renewable energy system must be installed by a Clean Energy Council-accredited installer and meet all relevant Australian standards. The number of STCs received depends on factors such as the size of the system, location, and the amount of electricity it is expected to generate over its lifetime.

The value of STCs can fluctuate based on market demand and government policy changes, so it’s important for consumers to stay informed about the scheme’s regulations and requirements. Overall, the SRES provides a valuable incentive for transitioning to clean energy sources and contributing to a more sustainable future.

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