Small-scale Technology Certificates (STCs): STCs are a form of currency created by the government to support the installation of small-scale renewable energy systems, including solar panels. The number of STCs received depends on the size of the system and the location, as well as the amount of electricity it is expected to generate over its lifetime. These certificates can be sold to electricity retailers, who are obligated to acquire a certain number of them each year. The value of STCs fluctuates over time.

February 28, 2024by Luke0

STCs help to reduce the upfront cost of installing renewable energy systems, making them more affordable for homeowners and businesses. This in turn helps to increase the uptake of renewable energy and reduce greenhouse gas emissions. STCs also provide a financial incentive for individuals and businesses to invest in renewable energy, helping to drive the growth of the renewable energy industry.

The process of claiming STCs involves registering the installation of a renewable energy system with the Clean Energy Regulator, who then issues the appropriate number of STCs. These certificates can then be sold on the open market, providing an additional source of income for system owners.

Overall, STCs play a crucial role in promoting the adoption of renewable energy technologies and supporting the transition to a more sustainable energy system.

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