The Irish Solar Energy Association (ISEA) has welcomed the launch of the Small-Scale Renewable Electricity Support Scheme (SRESS), which opens for applications on 27 January 2025. This scheme provides a pathway for farmers, SMEs, and communities to actively contribute to Ireland’s renewable energy goals.
Key Features of SRESS
Two-Way Feed-in Premium Tariffs: Financial support for projects between 50kW and 6MW.
Tailored Tariffs: Higher rates available for Renewable Energy Communities (RECs) to support community-led initiatives.
Community Benefit Fund: A requirement for all project owners to deliver local environmental, social, and economic benefits.
Practical Details to Note
Conall Bolger, CEO of ISEA, remarked: "SRESS provides a clear and accessible framework, but applicants should be aware of certain practicalities."
Power Purchase Agreements (PPAs): Successful projects require a PPA with a supplier. While tariffs are set, the final negotiated price may vary due to supplier costs. "Shopping around for quotes is highly advisable," he noted.
First-Come, First-Served Basis: Support is capped by category volume, so timely applications are essential.
PPA Restrictions: Changing suppliers after agreement is limited under the scheme’s terms.
Conall Bolger concluded: "This scheme is a positive development, but we encourage participants to enter the process fully informed."
Next Steps for Applicants
ISEA encourages all eligible parties to review the SRESS Terms and Conditions and prepare applications ahead of the opening date.
Read ISEA's full press statement here:
For further information, visit gov.ie or contact ISEA directly.
Comments