Small-scale Renewable Energy Scheme (SRES): This scheme provides financial incentives in the form of Small-scale Technology Certificates (STCs) for installing eligible solar power systems, including solar panels and solar water heaters. The number of STCs received depends on the size and location of the system, as well as the amount of electricity it is expected to generate over its lifetime.

March 26, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy technologies by reducing the upfront cost for consumers. STCs can be traded or sold to liable entities, such as electricity retailers, who are required to surrender a certain number of certificates each year to meet their renewable energy targets.

To be eligible for STCs, the Solar power system must be installed by a Clean Energy Council accredited installer and comply with relevant Australian standards. The amount of financial incentive provided through the SRES varies depending on market conditions and government policy.

Overall, the SRES plays a crucial role in promoting the adoption of renewable energy technologies in Australia, contributing to the reduction of greenhouse gas emissions and the transition to a more sustainable energy future.

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