Renewable power incentives

Program name: 
Small-scale Renewable Energy Scheme
Location: 
ACT, NSW, NT, Qld, SA, Tas, Vic, WA
Type: 
Topic: 

Overview

Households 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.

Benefits

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

Key eligibility

Small-scale renewable systems which 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, or
  2. selling the certificates themselves

There are 2 options for selling the certificates:

  • through the open STCs market with pricing subject to market forces; or
  • through the STCs Clearing House with the price fixed at $40 per STC, excluding GST

Next steps

Check your eligibility and apply at: