Under the SRES, eligible solar PV systems are awarded Small-scale Technology Certificates (STCs) based on the system’s expected electricity generation over a 15-year period. These STCs can then be sold or traded to offset the cost of the solar system installation.

March 3, 2024by Luke0

STCs are created after the installation of the Solar PV system and are based on the system’s capacity and geographical location. The number of STCs generated is calculated using the Small-scale Renewable Energy Scheme deeming period, which is currently set at 15 years.

The amount of STCs generated is determined by the system’s capacity, location, and the amount of electricity it is expected to generate over the deeming period. The higher the expected electricity generation, the more STCs the system will generate.

Once the STCs are created, they can be sold or traded on the open market. This provides a financial incentive for individuals or businesses to install Solar PV systems and helps to offset the upfront cost of installation.

It’s important to note that the value of STCs can fluctuate depending on market conditions, so it’s advisable to research and consider the potential financial benefits before installing a Solar PV system under the SRES.

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