The SRES is administered by the Clean Energy Regulator and operates through the creation of small-scale technology certificates (STCs). These certificates are created based on the expected electricity generation of the solar system over a 15-year period. The number of STCs varies depending on factors such as the size of the system and its location, and they can be sold to electricity retailers who are required by law to purchase a certain number of STCs each year.

March 27, 2024by Luke0

The revenue generated from the sale of STCs can help reduce the upfront cost of installing a Solar system for consumers. Additionally, the SRES aims to encourage the uptake of renewable energy and reduce greenhouse gas emissions by incentivizing the installation of Solar panels on residential and small-scale commercial properties.

Overall, the Small-scale Renewable Energy Scheme plays a crucial role in promoting the adoption of Solar energy in Australia and supporting the transition to a cleaner and more sustainable energy future.

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