Under the SRES, eligible solar systems are awarded a certain number of Small-scale Technology Certificates (STCs) based on their expected electricity generation over a 15-year period. These STCs can be sold to electricity retailers, which helps to reduce the upfront cost of installing solar panels.

April 3, 2024by Luke0

STCs are created through the Renewable Energy Target (RET) scheme, which aims to incentivize the adoption of renewable energy sources like Solar power. The number of STCs a Solar system is eligible for is determined by factors such as its location, size, and the amount of electricity it is expected to generate.

Once the Solar system is installed and operational, the owner can create STCs and sell them on the open market. The price of STCs can fluctuate based on supply and demand, but they generally provide a significant financial benefit to help offset the cost of installing Solar panels.

By participating in the SRES and selling STCs, homeowners and businesses can make Solar power more affordable and accessible. This not only helps to reduce greenhouse gas emissions and combat climate change, but also provides economic benefits to those investing in Solar energy.

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