The Small-scale Renewable Energy Scheme (SRES) is a federal government initiative that provides a rebate for small-scale solar installations, such as rooftop solar panels. The rebate is in the form of Small-scale Technology Certificates (STCs), which are created based on the amount of renewable energy the system is expected to generate over its lifetime. These STCs can be sold to electricity retailers, who are required by law to purchase a certain amount of them each year.

March 26, 2024by Luke0

The amount of STCs that can be claimed for a Solar installation depends on factors such as the size of the system and its location. The Rebate can significantly reduce the upfront cost of installing Solar panels, making renewable energy more accessible and affordable for homeowners and businesses.

The SRES aims to encourage the uptake of renewable energy technologies and reduce greenhouse gas emissions. By incentivizing the installation of Solar panels and other small-scale renewable energy systems, the scheme helps to transition Australia towards a cleaner and more sustainable energy future.

It is important to note that the SRES is scheduled to phase out by 2030, with the number of STCs available decreasing each year until the scheme ends. Therefore, now is a great time to take advantage of the Rebate and invest in renewable energy for your home or business.

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