Under the SRES, homeowners and businesses that install solar power systems with a capacity of 100 kilowatts or less are eligible to receive Small-scale Technology Certificates (STCs). These certificates have a monetary value and can be sold to electricity retailers, who are required by law to purchase a certain amount of STCs each year.

March 22, 2024by Luke0

The number of STCs that a Solar power system is eligible for depends on factors such as the size of the system, its location, and the amount of electricity it is expected to generate over its lifetime. The more STCs a system is eligible for, the higher its monetary value.

To claim STCs, homeowners and businesses must have their Solar power system installed by a Clean Energy Council-accredited installer and register the system with the Clean Energy Regulator. Once the system is registered, the owner can create and sell the STCs to electricity retailers or other entities that have a legal obligation to buy them.

The value of STCs can fluctuate based on market demand and other factors, so it is important for homeowners and businesses to stay informed about current market conditions. Overall, the STC program provides a financial incentive for installing Solar power systems and helps to reduce the upfront cost of transitioning to renewable energy.

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