Small-scale Renewable Energy Scheme (SRES): This scheme provides a financial incentive in the form of Small-scale Technology Certificates (STCs) to households and businesses that install eligible solar power systems. The number of STCs received depends on the system’s size, location, and the amount of renewable energy it is expected to generate over its lifetime. STCs can be sold to electricity retailers, which helps offset the cost of the solar power system.

March 5, 2024by Luke0

The SRES aims to increase the uptake of renewable energy technology, reduce greenhouse gas emissions, and promote sustainable energy practices. By providing a financial incentive to install Solar power systems, the scheme encourages households and businesses to invest in clean, renewable energy sources.

The SRES is administered by the Clean Energy Regulator and is available to eligible Solar power system installations with a capacity of up to 100kW. The number of STCs received is calculated based on the system’s capacity and location, with more STCs awarded for systems in areas with higher Solar radiation levels.

Overall, the SRES helps to make renewable energy more affordable and accessible to a wider range of consumers, contributing to Australia’s transition to a cleaner and more sustainable energy future.

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