Small-scale Renewable Energy Scheme (SRES): This scheme provides financial incentives for installing small-scale renewable energy systems, including solar panels. It offers small-scale technology certificates (STCs) that can be sold or traded to help offset the upfront cost of installing solar panels.

February 26, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy technologies in residential and small-scale commercial buildings, reducing greenhouse gas emissions and increasing energy efficiency. By providing financial incentives and support for installing Solar panels and other renewable energy systems, the scheme helps make clean energy more accessible and affordable for homeowners and businesses.

To be eligible for the SRES, Solar panel systems must meet certain criteria, including being installed by a Clean Energy Council accredited installer and using approved Solar panels and inverters. The number of STCs received depends on factors such as the size of the system, its location, and the amount of renewable energy it generates. These STCs can then be sold or traded on the open market to help reduce the cost of installing the system.

Overall, the Small-scale Renewable Energy Scheme plays a crucial role in promoting the adoption of renewable energy technologies, such as Solar panels, and supporting the transition to a more sustainable and environmentally friendly energy system.

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