Small-scale Renewable Energy Scheme (SRES): This scheme provides financial incentives in the form of Small-scale Technology Certificates (STCs) to homeowners and businesses that install solar PV systems, solar water heaters, and heat pumps. The number of STCs depends on the size of the system and the location.

February 28, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy technologies and reduce greenhouse gas emissions. By offering financial incentives, the scheme helps to make renewable energy systems more affordable for consumers.

STCs are created based on the amount of renewable energy that the system is expected to generate over its lifetime. These certificates can then be sold or traded on the open market, providing additional revenue for system owners.

The SRES has been successful in driving the growth of the small-scale renewable energy industry in Australia. It has helped to create jobs, reduce electricity bills, and decrease reliance on fossil fuels.

Overall, the SRES is a valuable program that supports the transition to a more sustainable energy future. It provides benefits for both consumers and the environment, making it a win-win for all involved.

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