Small-scale Technology Certificates (STCs): STCs are a financial incentive for installing a solar PV system. They are created by the Australian Government’s Renewable Energy Target scheme and are based on the expected electricity generation of the system over a 15-year period. STCs can be sold to registered agents, who then pass on the benefit to the system owner in the form of a discount on the upfront cost of the system.

March 10, 2024by Luke0

The number of STCs that can be created for a Solar PV system is determined by factors such as the system size, location, and the amount of renewable energy it will generate. The value of STCs fluctuates based on supply and demand in the market, so it’s important for system owners to stay informed about current prices.

STCs provide a valuable financial incentive for homeowners and businesses to invest in Solar energy, helping to reduce the upfront cost of installation and make renewable energy more accessible to a wider range of people. By participating in the STCs scheme, system owners can not only save money on their own Solar PV system but also contribute to Australia’s renewable energy targets and reduce greenhouse gas emissions.

It’s important to note that the STCs scheme is subject to change, so it’s a good idea to consult with a reputable Solar installer or financial advisor to understand how STCs can benefit you and ensure you are maximizing the potential savings.

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