The purpose of the SRES is to encourage the uptake of renewable energy systems by making them more affordable for homeowners and businesses. By providing financial incentives, the government hopes to reduce greenhouse gas emissions and promote the transition to a cleaner energy future.
To be eligible for the SRES, the renewable energy system must meet certain criteria, such as being installed by a qualified installer and meeting minimum quality standards. The amount of financial incentive available depends on factors such as the size of the system and the location of the installation.
Overall, the SRES has been successful in supporting the growth of the renewable energy industry in Australia. It has helped thousands of households and businesses to reduce their energy bills, lower their carbon footprint, and contribute to a more sustainable future.