Small-scale Renewable Energy Scheme (SRES): This scheme provides rebates for small-scale solar energy systems with a capacity of up to 100 kilowatts. Under the SRES, eligible households and businesses can create Small-scale Technology Certificates (STCs) for the electricity their solar panels generate. These STCs can then be sold to electricity retailers, who must purchase a certain number of STCs each year. The value of STCs depends on factors like the size of the system and the location, and it is usually deducted from the upfront cost of the solar system.

March 7, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy systems by making them more affordable for consumers. By providing financial incentives for the installation of small-scale Solar energy systems, the scheme helps reduce greenhouse gas emissions and dependence on fossil fuels.

To be eligible for the SRES, the Solar system must be installed by a Clean Energy Council accredited installer and meet certain standards and guidelines. The Rebate amount varies depending on the size of the system and the location, with larger systems receiving higher rebates.

Overall, the SRES is an important initiative in Australia’s transition to a cleaner and more sustainable energy future. It not only helps reduce electricity bills for households and businesses but also contributes to the country’s renewable energy targets and efforts to combat climate change.

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