Under the SRES, the main rebate available is in the form of small-scale technology certificates (STCs). These certificates are created for every megawatt-hour of renewable energy a system generates over a certain period, and they can be traded and sold to electricity retailers.

February 20, 2024by Luke0

The amount of STCs a system is eligible for depends on factors such as the size of the system, its location, and the type of technology used. The value of STCs fluctuates depending on supply and demand in the market, so it is important for system owners to keep track of the current price to maximize their Rebate.

In addition to STCs, there are also other rebates and incentives available for renewable energy systems under the SRES, such as feed-in tariffs and grants from state and territory governments. These additional incentives can further reduce the upfront cost of installing a renewable energy system and provide ongoing financial benefits.

Overall, the SRES aims to encourage the uptake of renewable energy systems by making them more affordable for households and businesses. By taking advantage of the rebates and incentives available under the scheme, individuals can not only save money on their energy bills but also contribute to reducing greenhouse gas emissions and transitioning to a more sustainable energy future.

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