Under the SRES, homeowners and businesses installing solar panels or other eligible renewable energy systems can create small-scale technology certificates (STCs), which can be sold to offset the cost of the installation. The number of STCs created depends on the size of the system and the location of the installation.

March 30, 2024by Luke0

STCs are created based on the amount of renewable energy the system is expected to generate over its lifetime. The value of an STC is determined by the market and can fluctuate depending on supply and demand.

To create and sell STCs, homeowners and businesses must first register their system with the Clean Energy Regulator and ensure that the installation meets all relevant standards and requirements. Once the system is registered, the STCs can be created and sold either directly or through a broker.

Overall, the STC scheme provides a financial incentive for individuals and businesses to invest in renewable energy systems, helping to reduce greenhouse gas emissions and promote the transition to a more sustainable energy future.

Share on:

Leave a Reply

Your email address will not be published.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