Under the SRES, eligible solar systems are awarded Small-scale Technology Certificates (STCs), which can be sold to electricity retailers or other buyers. The value of the STCs depends on factors such as the size of the solar system and the location of the installation.

March 20, 2024by Luke0

The process of selling STCs involves registering the Solar system with the Clean Energy Regulator, which then issues the STCs to the system owner. The owner can then create a certificate and sell it on the open market. The STCs can be sold individually or in bundles, and the price of each certificate is determined by market demand.

The revenue generated from selling STCs can help offset the upfront costs of installing a Solar system, making it more affordable for homeowners and businesses to invest in renewable energy. Additionally, the creation of STCs helps to incentivize the adoption of Solar power and reduce greenhouse gas emissions.

Overall, the STC program under the SRES provides a financial incentive for individuals and businesses to invest in Solar power, leading to a more sustainable and environmentally friendly energy system.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *