Under the SRES, eligible solar panel systems can receive Small-scale Technology Certificates (STCs), which can be sold or traded to recoup a portion of the installation costs. The number of STCs a system is eligible to receive depends on factors such as the size of the system and its location.

March 12, 2024by Luke0

STCs are created based on the expected electricity generation of the system over the course of its lifetime. The more electricity a system is expected to generate, the more STCs it will be eligible to receive. STCs are typically traded through the Renewable Energy Target (RET) scheme, where buyers purchase them to meet their renewable energy obligations.

The value of STCs can fluctuate based on market demand and government policies. It’s important for homeowners considering installing a Solar panel system to stay informed about the current value of STCs in order to maximize their financial benefit.

Overall, the availability of STCs provides an incentive for homeowners to invest in Solar energy, as it helps offset the upfront costs and makes renewable energy more accessible and affordable.

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