The Small-scale Renewable Energy Scheme (SRES) is a federal government program that provides financial incentives in the form of Small-scale Technology Certificates (STCs). These certificates are created for every megawatt-hour of renewable energy produced by eligible solar panels. The STCs can be traded or sold to electricity retailers, which then pass on the value of the certificate as a rebate to customers.

March 8, 2024by Luke0

The SRES aims to promote the use of small-scale renewable energy systems, such as Solar panels and Solar water heaters, by reducing the upfront cost for consumers. By providing financial incentives, the program helps to make renewable energy more affordable and accessible to households and businesses.

To be eligible for the SRES, Solar panels must meet certain technical requirements and be installed by a Clean Energy Council accredited installer. The number of STCs that can be created for a Solar panel system depends on factors such as the size of the system, its location, and the amount of renewable energy it is expected to generate over its lifetime.

Overall, the SRES plays an important role in supporting the growth of renewable energy in Australia and helping to reduce greenhouse gas emissions. By incentivizing the use of small-scale renewable energy systems, the program contributes to the transition towards a more sustainable and environmentally friendly energy sector.

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