Small-scale Renewable Energy Scheme (SRES): This scheme provides financial incentives in the form of Small-scale Technology Certificates (STCs) to homeowners, small businesses, and community organizations that install eligible solar power systems (up to 100 kilowatts). The number of STCs received depends on the system’s size, location, and the amount of electricity it is expected to generate over its lifetime. These STCs can be sold to offset the cost of the solar power system.

March 4, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy systems by making them more affordable for consumers. By providing a financial incentive for the installation of Solar power systems, the scheme helps to reduce greenhouse gas emissions and promote the transition to a cleaner, more sustainable energy future.

To be eligible for the SRES, Solar power systems must meet certain technical criteria and be installed by a Clean Energy Council-accredited installer. The scheme is administered by the Clean Energy Regulator, which oversees the creation and trading of STCs.

Overall, the SRES plays an important role in supporting the growth of the renewable energy industry in Australia and helping to achieve the country’s emissions reduction targets. By making Solar power more accessible and affordable, the scheme helps to reduce reliance on fossil fuels and move towards a more sustainable energy system.

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