Small-scale Renewable Energy Scheme (SRES): This scheme provides financial incentives in the form of Small-scale Technology Certificates (STCs) for eligible solar panel installations. The number of STCs received depends on the size of the solar system and its geographical location.

March 10, 2024by Luke0

STCs can be sold or traded to help reduce the upfront cost of installing a Solar PV system. The scheme aims to encourage the uptake of renewable energy systems by making them more affordable for homeowners and businesses.

To be eligible for the SRES, Solar PV systems must be installed by a Clean Energy Council accredited installer and meet certain technical requirements. The scheme is administered by the Clean Energy Regulator, which oversees the creation and trading of STCs.

Overall, the SRES is a key part of Australia’s efforts to transition to a more sustainable and renewable energy future. By providing financial incentives for Solar PV installations, the scheme helps reduce greenhouse gas emissions and dependence on fossil fuels, while also creating economic opportunities in the renewable energy sector.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *