Small-scale Renewable Energy Scheme (SRES): This scheme provides financial incentives in the form of Small-scale Technology Certificates (STCs) for eligible solar panel systems. The number of STCs received depends on the size of the system and its location. These STCs can be traded or sold to registered agents, who then sell them to electricity retailers to meet their renewable energy targets.

March 26, 2024by Luke0

The SRES aims to increase the uptake of renewable energy systems, such as Solar panels, by providing financial support to homeowners and businesses. By reducing the upfront cost of installing Solar panels, the scheme makes renewable energy more accessible to a wider range of people.

To be eligible for the SRES, Solar panel systems must meet certain criteria, such as being installed by a Clean Energy Council accredited installer and using approved Solar panels and inverters. The amount of financial support provided through STCs is calculated based on the amount of renewable energy the system is expected to generate over its lifetime.

The SRES is an important tool in Australia’s efforts to reduce greenhouse gas emissions and transition to a more sustainable energy system. By encouraging the adoption of renewable energy technologies, the scheme helps to reduce reliance on fossil fuels and decrease carbon emissions.

Overall, the SRES is a valuable initiative that supports the growth of renewable energy in Australia and helps to create a cleaner, more sustainable future for generations to come.

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