Small-scale Renewable Energy Scheme (SRES): This scheme provides financial incentives to households, small businesses, and community organizations that install eligible small-scale renewable energy systems, including 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 system.

February 9, 2024by Luke0


The Small-scale Renewable Energy Scheme (SRES) is a government initiative in Australia that aims to promote the adoption of small-scale renewable energy systems. Under this scheme, households, small businesses, and community organizations are eligible to receive financial incentives for installing eligible renewable energy systems, such as Solar panels.

The main incentive provided under the SRES is in the form of Small-scale Technology Certificates (STCs). STCs are created for every megawatt-hour of electricity that is generated by an eligible small-scale renewable energy system. The number of STCs generated depends on various factors, including the location, size, and efficiency of the system.

STCs can be sold to electricity retailers, who are required by law to purchase a certain number of STCs each year. By selling these certificates, system owners can offset a significant portion of the upfront cost of their renewable energy system. The value of STCs is determined by market demand and can fluctuate over time.

To participate in the SRES, system owners must ensure that their renewable energy system meets the eligibility criteria set by the government. This includes using approved Solar panels and inverters, and engaging accredited installers to carry out the installation.

Overall, the Small-scale Renewable Energy Scheme aims to make renewable energy systems more affordable and accessible to households, small businesses, and community organizations. By providing financial incentives in the form of STCs, the scheme helps to offset the upfront cost of installation, making renewable energy more economically viable for a wider range of consumers.

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