The SRES is a federal government program that provides a financial incentive for installing small-scale renewable energy systems, including solar panels. The incentive is given in the form of Small-scale Technology Certificates (STCs), which can be traded for a discount on the cost of the solar system installation. The number of STCs received depends on the size of the system and the location of the installation.

February 28, 2024by Luke0

The goal of the SRES is to encourage the uptake of renewable energy technologies in Australia and reduce greenhouse gas emissions. By providing a financial incentive for installing Solar panels, the program aims to make renewable energy more affordable for homeowners and businesses.

To be eligible for the SRES, the Solar panel system must be installed by a Clean Energy Council-accredited installer and meet certain technical requirements. Once the system is installed, the installer will create the necessary paperwork to apply for STCs. These certificates can then be sold to electricity retailers or other buyers on the open market, providing a financial benefit to the system owner.

Overall, the SRES is a key component of the Australian government’s efforts to transition to a more sustainable energy future. By incentivizing the installation of small-scale renewable energy systems like Solar panels, the program is helping to reduce carbon emissions, create jobs in the renewable energy sector, and save consumers money on their electricity bills.

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