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

May 10, 2024by Luke0

STCs are created at the time of installation and can be traded in the open market through the Renewable Energy Target (RET) scheme. The price of STCs can fluctuate based on supply and demand in the market, so it’s important to keep an eye on market trends when considering selling them.

In addition to STCs, some states and territories in Australia also offer additional incentives for Solar PV installations, such as feed-in tariffs or rebates. These incentives can further reduce the cost of installing a Solar PV system and help homeowners and businesses transition to clean, renewable energy sources.

Overall, the SRES and other incentive programs play a crucial role in promoting the uptake of Solar PV systems in Australia, helping to reduce carbon emissions and transition towards a more sustainable energy future.

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