The Small-scale Renewable Energy Scheme (SRES) is a federal government initiative that provides financial incentives for households and small businesses to install renewable energy systems, including solar panels. Under the SRES, eligible solar installations receive small-scale technology certificates (STCs) which can be traded and sold to offset the cost of the system. The number of STCs received depends on the size and location of the solar system.

March 10, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy technologies, reduce greenhouse gas emissions, and help Australia transition to a more sustainable energy future. By providing a financial incentive to install Solar panels, the scheme helps to make renewable energy more affordable for homeowners and businesses.

To be eligible for the SRES, Solar systems must meet certain criteria, including being installed by a Clean Energy Council accredited installer and using approved Solar panels and inverters. The amount of financial incentive available through the scheme is subject to change over time, as the number of STCs issued is gradually reduced each year.

Overall, the Small-scale Renewable Energy Scheme is an important initiative that supports the growth of renewable energy in Australia and helps to reduce our reliance on fossil fuels. By incentivizing the installation of Solar panels and other renewable energy systems, the SRES is making a positive impact on the environment and contributing to a more sustainable future.

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