Small-scale Renewable Energy Scheme (SRES): This scheme provides financial incentives in the form of Small-scale Technology Certificates (STCs) for eligible solar installations. The number of STCs received depends on the size of the solar system and the region where it is installed. These certificates can be sold to electricity retailers, who are required by law to purchase a certain number of them each year. The value of the STCs can vary based on market demand and other factors.

March 29, 2024by Luke0

The goal of the SRES is to encourage the uptake of small-scale renewable energy systems, such as Solar panels, by providing financial support to homeowners and businesses. By reducing the upfront cost of installing Solar systems, the scheme aims to make renewable energy more accessible and affordable for consumers.

To be eligible for the SRES, Solar systems must meet certain criteria, such as being installed by a Clean Energy Council accredited installer and using approved Solar panels. The scheme is designed to support small-scale renewable energy projects, so there are limits on the size of the systems that can receive STCs.

Overall, the Small-scale Renewable Energy Scheme is an important initiative that helps to promote the adoption of renewable energy technologies in Australia. By providing financial incentives for Solar installations, the scheme supports the transition to a cleaner and more sustainable energy future.

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