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

March 16, 2024by Luke0

STCs are created when a Solar panel system is installed and are generally traded in the open market. The price of STCs can fluctuate based on supply and demand, but they can be a valuable financial incentive for homeowners and businesses looking to invest in Solar energy.

To be eligible for STCs, the Solar panel system must be installed by a Clean Energy Council-accredited installer and meet certain quality and safety standards. Additionally, the system must be registered with the Clean Energy Regulator before any STCs can be created and sold.

Overall, the STC program is designed to encourage the uptake of renewable energy and reduce greenhouse gas emissions by providing financial incentives for Solar panel installations. By offsetting the upfront cost of Solar panel systems, STCs make it more affordable for individuals and businesses to invest in clean, renewable energy sources.

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