Small-scale Renewable Energy Scheme (SRES): This scheme provides financial incentives in the form of Small-scale Technology Certificates (STCs) for the installation of small-scale solar systems (up to 100kW). The number of STCs received is based on the system’s capacity and location, and they can be traded or sold to help offset the cost of the installation.

March 7, 2024by Luke0

The SRES aims to increase the uptake of renewable energy systems in Australia by making them more affordable for households and businesses. By providing a financial incentive for the installation of Solar systems, the scheme helps to reduce greenhouse gas emissions and reliance on fossil fuels.

To participate in the SRES, installers must be accredited by the Clean Energy Council and comply with relevant standards and guidelines. Once the system is installed, the installer can create STCs based on the system’s capacity and location. These STCs can then be sold to liable entities, such as electricity retailers, to help meet their renewable energy targets.

The value of STCs can vary depending on market conditions and demand, but they can provide a significant financial benefit to system owners. By reducing the upfront cost of installing Solar systems, the SRES makes renewable energy more accessible to a wider range of customers.

Overall, the Small-scale Renewable Energy Scheme plays a crucial role in incentivizing the adoption of renewable energy technologies and transitioning towards a more sustainable and low-carbon future.

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