Under the SRES, homeowners can create small-scale technology certificates (STCs) based on the amount of renewable energy their system is expected to generate over a 15-year period. These STCs can then be sold to electricity retailers, who are required by law to purchase a certain number of them each year. The value of each STC can fluctuate depending on market conditions.

March 1, 2024by Luke0

Homeowners can also benefit from the savings on their electricity bills by using renewable energy sources, as they will be generating a portion of their own electricity and reducing their reliance on the grid. Additionally, installing renewable energy systems can increase the value of a property, as it is seen as a sustainable and environmentally-friendly feature.

Overall, the SRES provides incentives for homeowners to invest in renewable energy systems, which not only benefits the environment but also provides financial benefits for homeowners in the form of STCs and reduced electricity bills.

Share on:

Leave a Reply

Your email address will not be published.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