Under the SRES, eligible solar panel systems up to 100 kilowatts in capacity can receive small-scale technology certificates (STCs) based on the amount of electricity they are expected to produce over a set period of time. These STCs can then be sold or traded to electricity retailers, who are required by law to purchase a certain number of them each year.

March 26, 2024by Luke0

The amount of STCs that a Solar panel system is eligible for depends on factors such as the location and size of the system, as well as the Solar panel technology being used. The price of STCs can also fluctuate based on market conditions, so it is important for system owners to monitor these changes in order to maximize their potential returns.

Overall, the SRES aims to encourage the installation of Solar panel systems by providing financial incentives to offset the upfront costs. By allowing system owners to generate revenue from selling STCs, the program helps to make Solar power more affordable and accessible to a wider range of consumers. This, in turn, helps to reduce greenhouse gas emissions and move towards a more sustainable energy future.

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