Under the SRES, homeowners and small businesses that install eligible solar panel systems can create Small-scale Technology Certificates (STCs), which can be sold to electricity retailers. The value of the STCs depends on factors such as the size of the system and the location.

March 8, 2024by Luke0

To be eligible for STCs, the Solar panel system must be installed by a Clean Energy Council accredited installer and meet certain standards and guidelines. The number of STCs generated by a system is calculated based on the amount of electricity it is expected to produce over its lifetime, as well as the location and installation date.

Once the system is installed, the homeowner or business owner can assign the rights to the STCs to a registered agent, who will then sell them on the open market. The value of STCs can fluctuate based on supply and demand, so it is important to monitor the market and sell them at the right time to maximize their value.

Overall, the STC scheme provides a financial incentive for homeowners and businesses to invest in Solar power, making it more affordable and accessible for all. It also helps reduce greenhouse gas emissions and promote the use of renewable energy sources, contributing to a cleaner and more sustainable future.

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