Small-scale Renewable Energy Scheme (SRES): This scheme provides rebates for small-scale solar panel systems (up to 100kW) and solar hot water systems. The value of the rebate depends on the amount of renewable energy the system can generate over its lifetime and is typically in the form of Small-scale Technology Certificates (STCs), which can be traded or sold.

February 22, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy systems by providing financial incentives to households and small businesses. By offsetting the upfront costs of installing Solar panels or Solar hot water systems, the scheme makes renewable energy more affordable and accessible to a wider range of people.

To be eligible for the SRES, the Solar panel or Solar hot water system must be installed by a Clean Energy Council accredited installer and meet certain standards and requirements. The amount of Rebate received will depend on the size and capacity of the system, as well as the location and orientation of the installation.

Overall, the SRES is designed to help reduce greenhouse gas emissions, lower energy bills, and promote the transition to a more sustainable and renewable energy future. By incentivizing the adoption of small-scale renewable energy systems, the scheme plays a key role in Australia’s efforts to combat climate change and build a cleaner, greener energy system.

Share on:

Leave a Reply

Your email address will not be published.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