Under the SRES, homeowners and small businesses receive Small-scale Technology Certificates (STCs) for each megawatt-hour of electricity that their solar panels generate. These STCs can then be sold to electricity retailers or other buyers, providing a financial benefit to the system owner.

February 6, 2024by Luke0


The Small-scale Renewable Energy Scheme (SRES) is an Australian government initiative that aims to encourage the installation of small-scale renewable energy systems, such as Solar panels, by providing financial incentives to system owners.

Under the SRES, homeowners and small businesses are eligible to receive Small-scale Technology Certificates (STCs) for the electricity generated by their Solar panels. The number of STCs received is based on the amount of electricity generated, measured in megawatt-hours (MWh).

The process begins with the installation of the Solar panel system, which needs to be carried out by an accredited installer. Once the system is installed, the installer will create STCs for the system owner based on the estimated electricity generation over a period of time.

These STCs can then be sold in the market to electricity retailers or other buyers, such as traders and investors. The price of STCs is not fixed and is determined by supply and demand dynamics. The financial benefit for the system owner comes from selling these STCs at market rates, providing an additional source of income or offsetting the cost of the Solar panel system.

The number of STCs received for each MWh of electricity generated depends on various factors such as the location of the system, the technology used, and the year of installation. The SRES has a deeming period of 15 years, during which the amount of STCs created is based on the system’s expected electricity generation.

It’s important to note that the SRES is a government scheme and its policies and regulations may change over time. Therefore, it is advisable to consult with relevant government authorities or accredited installers to understand the current eligibility criteria and financial benefits under the scheme.

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