Under the SRES, homeowners and businesses receive Small-scale Technology Certificates (STCs) for their solar system installations. The number of STCs depends on the system size, location, and the amount of electricity it is expected to generate over its lifetime. These STCs can then be sold or traded to registered agents, who can create a financial benefit for the system owner.

February 27, 2024by Luke0

The value of STCs can vary depending on market conditions and government policies, so it’s important for system owners to stay informed on the current market prices and opportunities for selling or trading their STCs.

In addition to STCs, homeowners and businesses may also be eligible for rebates or incentives from state and territory governments to help offset the cost of installing a Solar system. These incentives can further reduce the upfront cost of going Solar and make it more affordable for more people to make the switch to renewable energy.

Overall, the SRES and other government incentives play a crucial role in promoting the uptake of Solar energy and reducing greenhouse gas emissions. By providing financial support and incentives to those who invest in Solar power, governments can help accelerate the transition to a cleaner, more sustainable energy future.

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