Under the SRES, eligible households and businesses can receive Small-scale Technology Certificates (STCs) for their solar panel system. These STCs can then be sold to electricity retailers, who are required by law to purchase a certain number of STCs each year. The value of the STCs varies depending on factors such as the size of the system and the location.

February 28, 2024by Luke0

The process of claiming STCs involves having a registered Solar panel installer complete an assessment of the system and submit the necessary paperwork to the Clean Energy Regulator. Once approved, the STCs can be created and sold on the open market.

The value of STCs can fluctuate based on market demand and government policies. Generally, the more Solar panels installed, the more STCs can be generated and sold. This can help offset the upfront cost of purchasing and installing a Solar panel system, making renewable energy more accessible to a wider range of households and businesses.

Overall, the STC scheme is designed to incentivize the uptake of Solar power and reduce greenhouse gas emissions. By participating in the scheme, households and businesses can not only save money on their electricity bills but also contribute to a more sustainable future.

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