Under the SRES, homeowners and businesses are eligible to receive Small-scale Technology Certificates (STCs) for their solar installations. The number of STCs received depends on the size of the system and the location, with more STCs given for larger systems and for installations in areas with higher solar radiation.

March 18, 2024by Luke0

STCs can be traded on the open market, providing a financial incentive for homeowners and businesses to invest in Solar power. The value of STCs can fluctuate based on supply and demand in the market, but they generally help offset the upfront cost of installing Solar panels.

In addition to STCs, homeowners and businesses may also be eligible for other financial incentives, such as rebates or feed-in tariffs, depending on their location and the specific programs available in their area. These incentives can further reduce the cost of Solar installations and help make renewable energy more accessible to a wider range of consumers.

Overall, the availability of STCs and other financial incentives under the SRES has played a significant role in promoting the adoption of Solar power in Australia, leading to a substantial increase in the number of Solar installations across the country in recent years.

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