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

March 22, 2024by Luke0

By selling STCs, homeowners and businesses can offset the upfront cost of installing a Solar power system, making Solar power more affordable and accessible. This helps encourage the uptake of renewable energy and reduces greenhouse gas emissions.

To create STCs, homeowners and businesses need to have their Solar power system installed by a Clean Energy Council-accredited installer and register the system with the Clean Energy Regulator. The number of STCs that can be created is based on the system’s capacity and the location’s Solar radiation levels.

Overall, the STC scheme provides an incentive for property owners to invest in Solar power systems, contributing to Australia’s renewable energy targets and helping to transition to a cleaner and more sustainable energy future.

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