The SRES provides financial incentives in the form of small-scale technology certificates (STCs) for eligible solar panel systems. The number of STCs received depends on the size of the system, its location, and the amount of renewable energy it is expected to generate over its lifetime. These STCs can be sold to electricity retailers or other buyers to offset the cost of the solar installation.

February 10, 2024by Luke0


The Small-scale Renewable Energy Scheme (SRES) is a government initiative in Australia that aims to encourage the uptake of renewable energy systems, particularly Solar panel installations, in residential and small-scale commercial properties. The scheme provides financial incentives to eligible Solar panel systems through the issuance of small-scale technology certificates (STCs).

STCs are a form of tradeable currency that represent the amount of renewable energy a Solar panel system is expected to generate over its lifetime. The number of STCs received by a system depends on various factors such as the size of the installation, its location, and the amount of renewable energy it is expected to produce. The more energy the system is expected to generate, the higher the number of STCs it will receive.

Once a Solar panel system is installed and accredited under the SRES, the system owner can create STCs for the expected output of the system. These STCs can then be sold to electricity retailers or other buyers in the market. The price of STCs fluctuates based on market demand and supply, and can provide financial benefits to system owners by offsetting the cost of the Solar installation.

The process of selling STCs involves creating them through the SRES registry and then transferring the ownership to a buyer. The buyer can surrender these STCs to meet their obligations under the Renewable Energy Target, which requires electricity retailers to source a certain percentage of their energy from renewable sources.

Overall, the SRES and the STCs it provides act as a financial incentive for individuals and businesses to invest in Solar panel systems, reducing the upfront cost and making renewable energy more affordable and accessible.

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