Households and small businesses across Australia that install a small scale renewable energy system (solar, wind or hydro) or eligible hot water system may be able to receive a benefit under the Small-scale Renewable Energy Scheme (SRES) to help with the purchase cost.
Installing an eligible system allows the creation of Small-scale Technology Certificates (STCs) with a value that can be redeemed by selling or assigning them. The number of STCs created is based on:
- the amount of renewable electricity the system produces or the amount of electricity consumption it reduces
- the climate region where it’s installed.
Owner-builders can only lodge their application within a one-year period if the home has been completed.
Small-scale renewable systems that may be eligible for certificates include:
- solar photovoltaic (PV) panels
- wind turbines
- hydro systems
- solar water heaters
- air source heat pumps