The federal government offers the Small-scale Renewable Energy Scheme (SRES) which provides a rebate in the form of Small-scale Technology Certificates (STCs). These certificates are created for eligible solar panel systems and can be traded or sold to recoup a significant portion of the upfront cost of the system.

March 30, 2024by Luke0

To be eligible for the Rebate, the Solar panel system must be installed by a Clean Energy Council-accredited installer and meet specific requirements related to the size and efficiency of the system. The number of STCs generated will depend on factors such as the location of the system, the size of the system, and the amount of electricity it is expected to produce over its lifetime.

Once the Solar panel system is installed, the installer will create the STCs on behalf of the system owner and assign them to a registered agent who can then sell or trade them on the open market. The value of STCs can fluctuate based on market demand and government policies, but they can provide a significant financial benefit to homeowners looking to invest in renewable energy.

Overall, the SRES Rebate helps to make Solar power more affordable for homeowners and encourages the uptake of renewable energy systems across Australia. It is important to note that the Rebate is subject to change, so it is recommended to check with the government’s Clean Energy Regulator for the most up-to-date information on eligibility and incentives.

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