Renewable power incentives

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.

Eligibility

Small-scale renewable systems that may be eligible for certificates include:

• solar photovoltaic (PV) panels
• wind turbines
• hydro systems
• solar water heaters, and
• air source heat pumps.

Owners have 2 options for receiving benefit for their STCs:

1. Assigning them to an agent, usually the system installer, in exchange for a discount or delayed cash payment.
2. Selling the certificates themselves.

There are 2 options for selling the certificates:

1. Through the open STCs market with pricing subject to market forces.
2. Through the STCs Clearing House with the price fixed at $40 per STC, excluding GST.

Contact

Administered by: Clean Energy Regulator

Website: Small-scale Renewable Energy Scheme

Email: enquiries@cleanenergyregulator.gov.au

Phone: (02) 6159 3100