Under the SRES, homeowners and businesses can 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 available for installations in areas with higher solar irradiance.

March 19, 2024by Luke0

STCs are a form of subsidy that can be sold on the open market to help offset the cost of the Solar installation. The value of STCs can fluctuate based on supply and demand, so it is important for homeowners and businesses to stay informed about current market prices.

To claim STCs, homeowners and businesses need to ensure that their Solar installation meets the eligibility criteria set out by the Clean Energy Regulator. This includes using approved Solar panels and inverters, having the system installed by a Clean Energy Council-accredited installer, and submitting the necessary documentation to the regulator.

Overall, the STC scheme aims to encourage the uptake of Solar power by making it more affordable for homeowners and businesses. By taking advantage of this subsidy, individuals and organizations can not only reduce their electricity bills but also contribute to reducing greenhouse gas emissions and combatting climate change.

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