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 system and location, with more STCs awarded for systems in areas with less sunlight. The STCs can be sold or traded to help offset the cost of the solar installation.

April 2, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy systems, such as Solar panels, by making them more financially viable for homeowners and businesses. By providing a financial incentive in the form of STCs, the scheme helps to reduce the upfront costs of installing Solar panels, making them more accessible to a wider range of people.

The scheme is administered by the Clean Energy Regulator and is available to eligible small-scale renewable energy systems, including Solar panel installations with a capacity of less than 100 kilowatts. To be eligible for STCs, the system must be installed by a Clean Energy Council accredited installer and meet certain quality and safety standards.

Overall, the Small-scale Renewable Energy Scheme plays a crucial role in supporting the transition to cleaner, more sustainable energy sources in Australia, helping to reduce greenhouse gas emissions and combat climate change.

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