Under the SRES, eligible solar panel systems are awarded Small-scale Technology Certificates (STCs), which can be traded and sold to help offset the upfront costs of installing solar panels. The number of STCs awarded depends on factors such as the size and location of the system, as well as the amount of renewable energy it is expected to generate over its lifetime.

March 27, 2024by Luke0

Additionally, state and territory governments may offer additional rebates and incentives for installing Solar panels, further reducing the financial burden on homeowners. These incentives aim to encourage the uptake of renewable energy and help Australia transition towards a more sustainable and environmentally friendly energy system.

In addition to the financial benefits, installing Solar panels can also help homeowners reduce their electricity bills by generating their own clean energy. By harnessing the power of the sun, homeowners can offset a portion of their electricity usage and potentially even earn money by selling excess electricity back to the grid through feed-in tariffs.

Overall, the incentives and financial benefits of installing Solar panels make it an attractive option for homeowners looking to reduce their carbon footprint, save money on electricity bills, and contribute to a more sustainable future. With the support of government schemes and incentives, more and more Australians are making the switch to Solar energy and reaping the rewards of clean, renewable power.

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