Small-scale Renewable Energy Scheme (SRES): Under this scheme, homeowners and businesses can receive Small-scale Technology Certificates (STCs) for installing eligible solar systems. These STCs can be traded and sold to offset the cost of the solar installation.

February 22, 2024by Luke0

The SRES aims to encourage the uptake of small-scale renewable energy systems, such as Solar panels, by providing a financial incentive to install them. By offering STCs that can be traded on the open market, the scheme helps to reduce the upfront costs of installing renewable energy systems, making them more affordable for homeowners and businesses.

To be eligible for STCs under the SRES, the Solar system must be installed by a Clean Energy Council-accredited installer and meet certain standards and requirements. The number of STCs received is based on the amount of renewable energy the system is expected to generate over its lifetime, with more STCs awarded for larger and more efficient systems.

Overall, the SRES helps to support the growth of the renewable energy industry in Australia and reduce greenhouse gas emissions by incentivizing the adoption of clean energy technologies. It also helps to create jobs in the renewable energy sector and reduce reliance on fossil fuels for electricity generation.

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