The Small-scale Renewable Energy Scheme (SRES) is a national program in Australia that provides financial incentives for the installation of small-scale renewable energy systems, including Solar photovoltaic (PV) systems. Under the SRES, homeowners and businesses can receive Small-scale Technology Certificates (STCs) for their Solar PV systems, which can be sold to electricity retailers to offset the upfront cost of the installation. The amount of STCs received depends on the size and location of the system, as well as the amount of electricity it is expected to generate over its lifetime.
The Victorian Solar Homes Program is a state-level initiative in Victoria, Australia, aimed at increasing the adoption of Solar PV systems in households. Under this program, eligible Victorian homeowners can receive a Rebate of up to a certain amount for the installation of Solar PV systems. The Rebate amount depends on the size of the system, with larger systems receiving higher rebates. In addition to the Rebate, the program also offers no-interest loans to eligible homeowners to cover the remaining cost of the Solar PV system installation.