The SRES is a federal government program that provides financial support for small-scale renewable energy systems, including solar panel installations. Under this scheme, homeowners can receive Small-scale Technology Certificates (STCs) for their solar panels, which they can then sell to electricity retailers. The value of STCs depends on factors such as the size of the solar system, location, and the market price of STCs.

April 5, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy technologies by making them more affordable for homeowners. By providing financial incentives for installing Solar panels, the program helps reduce greenhouse gas emissions and reliance on fossil fuels.

To be eligible for the SRES, homeowners must ensure that their Solar panel system meets certain standards and is installed by a Clean Energy Council accredited installer. Once the system is installed, homeowners can apply for STCs, which are calculated based on the amount of renewable energy the system is expected to generate over its lifetime.

The process of selling STCs can be done through a registered agent or directly to electricity retailers. The value of STCs can fluctuate depending on market conditions, so homeowners should consider selling them when prices are high to maximize their financial benefit.

Overall, the SRES provides a valuable opportunity for homeowners to invest in renewable energy and reduce their carbon footprint while also receiving financial support for their efforts.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *