Small-scale Renewable Energy Scheme (SRES): This scheme provides financial incentives for installing small-scale renewable energy systems, including solar panels. The incentive is in the form of Small-scale Technology Certificates (STCs), which can be sold to recoup a portion of the installation cost.

March 19, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy technologies by reducing the upfront costs for consumers. By providing a financial incentive, the scheme helps to make renewable energy systems more affordable and accessible to a wider range of households and businesses.

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

The value of STCs can fluctuate depending on market conditions, so it is important for consumers to carefully consider when to sell their certificates in order to maximize their financial return.

Overall, the Small-scale Renewable Energy Scheme plays an important role in promoting the transition to clean energy sources and reducing greenhouse gas emissions. By making renewable energy systems more affordable, the scheme helps to support the growth of the renewable energy industry and contribute to a more sustainable future.

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