Small-scale Renewable Energy Scheme (SRES): This scheme provides financial incentives to households and small businesses that install small-scale solar panel systems (up to 100 kW) and solar water heaters. The incentive is in the form of Small-scale Technology Certificates (STCs), which can be traded or sold to recoup some of the installation costs.

March 27, 2024by Luke0

The SRES aims to promote the uptake of renewable energy technologies and reduce greenhouse gas emissions. By providing financial incentives, the scheme makes it more affordable for households and small businesses to invest in Solar energy systems, ultimately leading to a more sustainable and cleaner energy future.

The amount of STCs that can be generated depends on the size of the Solar system and its location. The number of STCs decreases over time as the cost of Solar installations decreases, so it’s important to take advantage of the scheme while it is still available.

Overall, the SRES is a great way for individuals and businesses to reduce their reliance on fossil fuels, lower their energy bills, and contribute to a greener environment. By investing in renewable energy technologies through the SRES, we can all play a part in building a more sustainable future for generations to come.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *