Small-scale Renewable Energy Scheme (SRES): This scheme provides financial incentives to homeowners, small businesses, and community organizations that install small-scale renewable energy systems such as solar panels. The incentive is provided in the form of Small-scale Technology Certificates (STCs), which can be sold to offset the upfront cost of the solar system.

March 23, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy technologies and reduce greenhouse gas emissions by making it more affordable for individuals and organizations to invest in Solar power. By generating their own clean energy, participants can reduce their reliance on fossil fuels and lower their electricity bills.

To be eligible for the SRES, the renewable energy system must be installed by a Clean Energy Council accredited installer and comply with relevant Australian standards. The amount of STCs received is based on the system’s size, location, and the amount of clean energy it is expected to generate over its lifetime.

Overall, the SRES helps to support the growth of the renewable energy industry in Australia and contributes to the transition to a more sustainable and clean energy future.

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