Under the SRES, eligible solar installations receive Small-scale Technology Certificates (STCs), which can be sold or traded to recoup part of the upfront cost of the system. The number of STCs a solar system receives depends on its size, location, and the amount of electricity it is expected to generate over the course of its lifetime.

February 25, 2024by Luke0

STCs are created when a Solar system is installed and are calculated based on the expected generation of renewable energy over a 15-year period. The price of STCs can vary depending on market conditions, but they generally provide a significant financial incentive for homeowners and businesses to invest in Solar energy systems.

The process of selling or trading STCs can be complex, so many Solar system owners choose to work with a registered agent or broker to help navigate the process. These agents can assist in registering the Solar system with the Clean Energy Regulator, creating the necessary documentation, and finding buyers for the STCs.

Overall, the STC program under the SRES has been successful in promoting the uptake of Solar energy in Australia by making it more affordable for households and businesses to invest in renewable energy. By providing financial incentives for Solar installations, the program helps reduce greenhouse gas emissions and move Australia towards a more sustainable energy future.

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