Small-scale Renewable Energy Scheme (SRES): This scheme provides financial incentives in the form of Small-scale Technology Certificates (STCs) to help reduce the upfront cost of installing solar panels. The number of STCs depends on the size of the solar system and its location.

March 31, 2024by Luke0

The SRES is designed to encourage homeowners, businesses, and community organizations to invest in renewable energy and reduce their reliance on fossil fuels. By offering financial incentives, the scheme aims to make Solar power more affordable and accessible to a wider range of consumers.

STCs can be traded on the open market, allowing installers to recoup some of the cost of installing Solar panels. The value of STCs can fluctuate depending on market conditions, but they can provide a significant discount on the overall cost of a Solar system.

In addition to the financial benefits, the SRES also contributes to reducing greenhouse gas emissions and combatting climate change. By generating clean, renewable energy from the sun, Solar panels help to reduce our reliance on fossil fuels and lower our carbon footprint.

Overall, the Small-scale Renewable Energy Scheme is a valuable tool in promoting the adoption of Solar power and other renewable energy technologies. By making it more affordable for consumers to invest in clean energy, the scheme is helping to create a more sustainable future for all.

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