Under the SRES, eligible solar panel systems are entitled to a number of small-scale technology certificates (STCs) based on the amount of renewable energy they are expected to produce over a set period of time. These STCs can be sold to electricity retailers, who are required by law to purchase a certain amount to meet their renewable energy targets.

February 10, 2024by Luke0


The Small-scale Renewable Energy Scheme (SRES) is a government initiative in Australia that promotes the installation of small-scale renewable energy systems, such as Solar panel systems. Under this scheme, Solar panel systems that meet the eligibility criteria are entitled to receive small-scale technology certificates (STCs).

The number of STCs that a Solar panel system is entitled to is determined by the amount of renewable energy it is expected to produce over a set period of time. This calculation takes into account factors such as the system’s capacity, location, and expected generation based on historical weather data.

Once the Solar panel system is installed and the STCs are created, they can be sold to electricity retailers. These retailers are legally obligated to purchase a certain number of STCs to meet their renewable energy targets, which are set by the government. By purchasing STCs, retailers contribute to the growth of renewable energy in the country and fulfill their obligations under the Renewable Energy Target (RET) scheme.

The price of STCs can vary depending on market conditions, supply and demand, and other factors. The revenue generated from selling STCs can help reduce the upfront cost of installing a Solar panel system, making it more affordable for consumers.

Overall, the STC system under the SRES provides financial incentives for the adoption of small-scale renewable energy systems, such as Solar panels, and helps the government achieve its renewable energy targets.

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