Under the SRES, homeowners and businesses that install small-scale solar systems (up to 100kW) are eligible to create Small-scale Technology Certificates (STCs). These certificates can be traded or sold to electricity retailers, which provides a financial incentive to install solar panels. The number of STCs generated depends on the system’s size, location, and the amount of electricity it is expected to generate over its lifetime.

February 20, 2024by Luke0

This system helps to reduce the upfront cost of installing Solar panels and promotes the growth of renewable energy sources. It also helps to offset the cost of electricity for homeowners and businesses, as they can sell the certificates to retailers for a profit. Additionally, by increasing the uptake of Solar energy, the SRES helps to reduce greenhouse gas emissions and combat climate change.

Overall, the Small-scale Renewable Energy Scheme plays a crucial role in incentivizing the adoption of Solar energy and promoting sustainability in Australia. It provides a tangible benefit for individuals and businesses looking to invest in renewable energy, while also contributing to national efforts to reduce carbon emissions and transition towards a cleaner, more sustainable energy future.

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