The Small-scale Renewable Energy Scheme (SRES) provides a financial incentive for the installation of small-scale renewable energy systems, including solar panels. Under this scheme, eligible solar system owners receive Small-scale Technology Certificates (STCs) for the amount of electricity their system is expected to generate over a certain period. These STCs can then be sold or traded to recoup a portion of the upfront cost of the solar system.

March 14, 2024by Luke0

The amount of STCs that a Solar system owner is eligible to receive is based on factors such as the size of the system, its location, and the amount of electricity it is expected to generate over its lifetime. The price of STCs can also vary depending on market conditions.

The SRES aims to encourage the uptake of renewable energy systems by providing a financial incentive to help offset the initial cost of installation. This not only benefits individual Solar system owners by reducing their upfront costs, but also helps to reduce greenhouse gas emissions and promote the transition to a more sustainable energy future.

It is important for Solar system owners to be aware of the requirements and guidelines of the SRES in order to ensure they receive the maximum benefit from the scheme. By taking advantage of the financial incentives provided by the SRES, more Australians can make the switch to clean, renewable energy and contribute to a more sustainable future.

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