Small-scale Renewable Energy Scheme (SRES): This scheme provides financial incentives in the form of Small-scale Technology Certificates (STCs) for eligible solar power installations. The value of STCs depends on factors such as the size of the system and the location.

March 8, 2024by Luke0

The purpose of the SRES is to encourage the uptake of small-scale renewable energy systems, such as Solar panels, by providing a financial benefit to homeowners and businesses who invest in these technologies. STCs can be traded on the open market, allowing installers to recoup some of the upfront costs of purchasing and installing a Solar power system.

To be eligible for STCs, the Solar power system must be installed by a Clean Energy Council accredited installer and meet certain technical requirements. The number of STCs generated by a system is based on factors such as the size of the system, the location (based on the Solar zone rating), and the amount of electricity the system is expected to generate over its lifetime.

Overall, the Small-scale Renewable Energy Scheme helps to reduce greenhouse gas emissions, promote renewable energy technologies, and support the growth of the Solar power industry in Australia.

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