Under the SRES, eligible homeowners can create Small-scale Technology Certificates (STCs) based on the amount of electricity the solar panels are expected to produce over a certain period. These STCs can then be sold to electricity retailers, which helps offset the cost of the solar panel system.

March 11, 2024by Luke0

Additionally, homeowners who install Solar panels may also be eligible for feed-in tariffs, where they are paid for the excess electricity they generate and feed back into the grid. This can provide an additional source of income for homeowners with Solar panels.

Overall, the SRES aims to incentivize the adoption of renewable energy technologies, such as Solar panels, by providing financial incentives to homeowners. This not only helps reduce greenhouse gas emissions and combat climate change, but also helps reduce electricity bills for homeowners and create a more sustainable energy future.

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