Under the SRES, eligible solar power systems are awarded Small-scale Technology Certificates (STCs) based on the amount of renewable energy they are expected to generate over their lifetime. These STCs can then be sold or assigned to a registered agent or installer, who can provide a discount on the upfront cost of the system.

March 21, 2024by Luke0

The number of STCs awarded is determined by the system’s capacity, location, and installation date, among other factors. The value of STCs fluctuates based on market demand and government policy. The aim of the program is to incentivize the installation of small-scale renewable energy systems, such as Solar panels, and reduce greenhouse gas emissions.

By offering financial incentives for renewable energy generation, the SRES aims to make Solar power more accessible and affordable for households and businesses. This not only helps reduce reliance on fossil fuels but also contributes to the transition to a more sustainable and environmentally friendly energy system.

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