Small-scale Renewable Energy Scheme (SRES): Under this scheme, homeowners and small businesses can receive Small-scale Technology Certificates (STCs) for installing solar panels or other eligible renewable energy systems. These certificates can be sold to electricity retailers, which helps to offset the cost of installation.

March 7, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy systems by providing financial incentives to offset the upfront costs. This not only helps to reduce greenhouse gas emissions but also helps to lower electricity bills for homeowners and businesses.

To be eligible for STCs, the renewable energy system must be installed by a Clean Energy Council accredited installer and meet certain performance standards. The number of STCs received depends on the size and location of the system, with more STCs awarded for larger systems in areas with higher Solar radiation levels.

By participating in the SRES, homeowners and small businesses can not only reduce their carbon footprint but also save money on their electricity bills in the long run. It is a win-win situation for both the environment and the pocket.

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