Under the SRES, homeowners and businesses can create Small-scale Technology Certificates (STCs) for their solar energy systems. These STCs can then be sold to electricity retailers, who are required by law to buy a certain number each year. The value of the STCs depends on factors such as the size of the system and the location of the installation.

March 14, 2024by Luke0

This system incentivizes the installation of Solar energy systems by providing a financial benefit to homeowners and businesses. It helps reduce the upfront costs of installing Solar panels, making renewable energy more accessible and affordable for consumers. Additionally, it helps electricity retailers meet their renewable energy targets and reduce their carbon emissions.

By participating in the STC scheme, homeowners and businesses can not only save money on their electricity bills but also contribute to reducing greenhouse gas emissions and combating climate change. It is a win-win situation for both consumers and the environment.

Overall, the Small-scale Technology Certificate scheme is an important policy tool that promotes the adoption of renewable energy technologies, such as Solar power, and helps transition towards a more sustainable and low-carbon energy future.

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