The SRES is a federal government program that provides rebates for small-scale renewable energy systems, including solar panels. Under this scheme, households and businesses are eligible to create Small-scale Technology Certificates (STCs) based on the amount of electricity their solar power system is expected to generate over its lifetime. These STCs can then be sold to electricity retailers, who are required by law to buy a certain number of STCs each year. The value of these certificates depends on factors such as the size of the solar system and the location.

March 25, 2024by Luke0

This program aims to encourage the installation of renewable energy systems by providing financial incentives to offset the upfront costs. By generating STCs, homeowners and businesses can reduce the payback period of their Solar panel system and make clean energy more accessible and affordable.

In addition to the SRES, there are also state-based incentives and rebates available for renewable energy systems, so it’s important to research and understand all the options available in your area. Installing Solar panels not only helps reduce electricity bills and carbon emissions but also contributes to a more sustainable and environmentally friendly future.

It’s recommended to consult with a reputable Solar installer to determine the best system for your property and to navigate the Rebate application process. With the right incentives and support, transitioning to Solar power can be a smart investment for both your wallet and the planet.

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