Small-scale Renewable Energy Scheme (SRES): Under the SRES, homeowners and businesses can receive Small-scale Technology Certificates (STCs) for installing eligible solar systems. The number of STCs received depends on factors such as the size of the system and the location. These STCs can then be sold to electricity retailers, who use them to meet their renewable energy targets. The value of STCs can vary, but they can significantly reduce the cost of a solar system.

March 24, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy systems by providing financial incentives to offset the upfront costs. This scheme benefits both the environment and consumers by reducing greenhouse gas emissions and lowering electricity bills. By generating clean energy from Solar panels, homeowners and businesses can also reduce their reliance on traditional fossil fuels.

To participate in the SRES, homeowners and businesses must ensure that their Solar system meets the eligibility criteria and is installed by a Clean Energy Council accredited installer. The process of claiming STCs involves registering the system with the Clean Energy Regulator and submitting relevant documentation.

Overall, the SRES provides a valuable opportunity for individuals and businesses to invest in renewable energy technology and contribute to a more sustainable future. By taking advantage of this scheme, participants can not only save money on their energy bills but also make a positive impact on the environment.

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