The Small-scale Renewable Energy Scheme (SRES) is a national program that provides financial incentives for individuals and small businesses to install eligible small-scale renewable energy systems, including Solar panels. Under the SRES, participants receive Small-scale Technology Certificates (STCs) for their Solar system based on its estimated power generation over a 15-year period. These STCs can then be sold to electricity retailers or other buyers to offset the upfront cost of the Solar installation.
The Victorian Solar Homes Program is specific to the state of Victoria and offers rebates for Solar panel installations. The program aims to encourage the uptake of Solar energy in Victorian households by providing a Rebate of up to a certain amount for eligible Solar panel systems. The Rebate is available for homeowners and landlords, as well as for renters in certain cases. The program also offers interest-free loans for Solar installations to further support the adoption of Solar energy.
Both the SRES and the Victorian Solar Homes Program play a significant role in promoting the use of Solar energy in Australia by offering financial incentives and making Solar installations more accessible and affordable for individuals and businesses.