Under the SRES, households and businesses receive Small-scale Technology Certificates (STCs) for their installed solar systems. The number of STCs received depends on the size of the system and the location, as well as the amount of electricity the system is expected to generate over its lifetime.

March 23, 2024by Luke0

STCs are a form of financial incentive to encourage the uptake of renewable energy systems, such as Solar panels. They can be traded on the open market or used to offset the upfront cost of installing a Solar system. The value of STCs can fluctuate depending on supply and demand in the market.

The SRES is designed to gradually reduce the number of STCs available each year, reflecting the decreasing cost of Solar technology and the increasing uptake of Solar systems. This is intended to support the transition to a more sustainable energy system and help Australia meet its renewable energy targets.

Overall, the SRES provides an important financial incentive for households and businesses to invest in Solar technology, helping to reduce greenhouse gas emissions and transition to a cleaner energy future.

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