Under the SRES, homeowners and businesses that install qualifying solar panel systems are eligible to receive Small-scale Technology Certificates (STCs). The number of STCs received is based on the size of the solar system and the location of the installation. These STCs can then be sold to electricity retailers, which can help reduce the upfront cost of the solar system.

March 26, 2024by Luke0

Additionally, homeowners and businesses can also benefit from the savings on electricity bills that come from using Solar power. By generating their own electricity, they can reduce their reliance on the grid and potentially even earn money by selling excess electricity back to the grid through feed-in tariffs.

Furthermore, investing in Solar panels can increase the value of a property. Studies have shown that homes with Solar panels tend to sell for a higher price and at a faster rate than those without. This can make Solar panels a worthwhile investment for homeowners looking to increase the value of their property.

Overall, the SRES provides a range of financial incentives and benefits for homeowners and businesses looking to invest in Solar power. By taking advantage of these incentives, individuals can not only save money on their electricity bills but also contribute to a more sustainable and environmentally friendly future.

Share on:

Leave a Reply

Your email address will not be published.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