The SRES is a national scheme that provides financial incentives for small-scale renewable energy systems, including solar panels. Under this scheme, eligible households and businesses can create Small-scale Technology Certificates (STCs) based on the amount of renewable energy their system will produce over a set period. These STCs can then be sold to offset the upfront cost of installing solar panels.

March 4, 2024by Luke0

The SRES is designed to encourage the uptake of renewable energy technologies and reduce greenhouse gas emissions. It is open to owners of eligible small-scale renewable energy systems, including Solar panel systems with a capacity of up to 100 kilowatts.

To participate in the SRES, homeowners and businesses must first have their system installed by a Clean Energy Council-accredited installer. Once the system is installed, the installer will provide the necessary documentation to create the STCs. The number of STCs generated is based on the system’s location, size, and the amount of renewable energy it is expected to produce over a set period.

After the STCs are created, they can be sold either directly to an agent or broker, or through the Small-scale Technology Certificate Clearing House. The price of STCs can fluctuate based on market demand, but selling them can help offset the upfront cost of installing Solar panels.

Overall, the SRES provides a financial incentive for households and businesses to invest in renewable energy technologies like Solar panels, helping to reduce electricity bills and contribute to a cleaner, greener energy future.

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