Small-scale Renewable Energy Scheme (SRES): This scheme provides financial incentives for installing small-scale renewable energy systems, including solar panels. It is a federal government program that provides Small-scale Technology Certificates (STCs) for eligible installations. These STCs can be sold to electricity retailers, reducing the upfront cost of installing solar panels.

February 29, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy systems by reducing the financial barriers for households and businesses. By providing financial incentives, the scheme helps to make renewable energy more affordable and accessible to a wider range of customers.

To be eligible for the SRES, the renewable energy system must meet certain criteria, such as being installed by a Clean Energy Council accredited installer and meeting relevant Australian standards. The amount of financial incentive provided through STCs depends on factors such as the location, size, and efficiency of the system.

Overall, the SRES plays an important role in supporting the transition to a cleaner and more sustainable energy future by promoting the use of renewable energy sources such as Solar power. It helps to reduce greenhouse gas emissions, decrease reliance on fossil fuels, and contribute to a more environmentally friendly energy sector.

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