The SRES provides rebates for small-scale solar energy systems with a capacity of up to 100 kilowatts. This includes residential solar panel installations as well as some commercial systems. The rebate is provided in the form of Small-scale Technology Certificates (STCs), which can be sold to electricity retailers to help cover the cost of the system.

May 16, 2024by Luke0

To be eligible for the Rebate, the Solar energy system must be installed by a Clean Energy Council accredited installer and meet all relevant Australian standards and guidelines. The system must also be new and not previously installed or used elsewhere.

The amount of the Rebate varies depending on the size of the system and the location of the installation. The number of STCs received is based on the amount of renewable energy the system is expected to generate over its lifetime. The value of STCs can fluctuate based on market conditions, so it’s important to check with the Clean Energy Regulator for the current price.

To claim the Rebate, the system owner must assign the rights to the STCs to their installer or a third party, who will then deduct the value of the certificates from the total cost of the system. It’s important to note that the Rebate is only available for systems installed after the date of accreditation by the Clean Energy Council.

Overall, the Small-scale Renewable Energy Scheme provides a valuable incentive for homeowners and businesses to invest in Solar energy systems, helping to reduce greenhouse gas emissions and move towards a more sustainable energy future.

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