Under the SRES, eligible solar PV systems receive small-scale technology certificates (STCs) based on the amount of renewable energy they produce. These STCs can be sold to electricity retailers, which helps offset the upfront cost of installing solar panels.

February 25, 2024by Luke0

The number of STCs a Solar PV system is eligible for depends on factors such as the location of the installation, the size of the system, and the technology used. The value of STCs can fluctuate based on market demand, but they generally provide a significant financial incentive for homeowners and businesses to invest in Solar energy.

By participating in the STC scheme, Solar PV system owners can not only reduce their electricity bills through generating their own renewable energy but also recoup some of the initial investment through the sale of STCs. This helps make Solar power more affordable and accessible for a wider range of consumers, promoting the transition towards a cleaner, more sustainable energy future.

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