Under the SRES, homeowners who install solar panels are eligible to receive Small-scale Technology Certificates (STCs). The number of STCs received depends on the system’s size, location, and the amount of electricity it is expected to generate over its lifetime. These STCs can then be sold to electricity retailers, who are required by law to purchase a certain number of STCs each year.

March 19, 2024by Luke0

The price of STCs can vary, but homeowners can typically expect to receive a few hundred dollars per certificate. This can help offset the upfront cost of installing Solar panels and make renewable energy more accessible to homeowners.

In addition to the financial benefits, installing Solar panels can also help homeowners reduce their electricity bills and lower their carbon footprint. By generating their own clean energy, homeowners can reduce their reliance on fossil fuels and contribute to a more sustainable future.

Overall, the SRES provides a valuable incentive for homeowners to invest in Solar energy and reduce their environmental impact. By taking advantage of this program, homeowners can not only save money in the long run but also contribute to a cleaner, greener planet.

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