Small-scale Technology Certificates (STCs): STCs are a form of currency that can be created and traded when an eligible solar power system is installed. The number of STCs a system is eligible for depends on the size of the system and the area in which it is installed. The value of STCs can vary depending on factors such as market demand and the price of renewable energy certificates.

March 26, 2024by Luke0

STCs are typically created by the installer of the Solar power system, who can then sell them to electricity retailers or other entities looking to meet their renewable energy targets. The revenue generated from selling STCs can help offset the upfront cost of installing a Solar power system, making it more affordable for consumers.

STCs play a significant role in promoting the uptake of renewable energy in Australia, as they provide a financial incentive for households and businesses to invest in Solar power. By creating a market for STCs, the government aims to drive investment in renewable energy projects and reduce greenhouse gas emissions.

Overall, STCs are an important tool in Australia’s transition to a clean energy future, helping to support the growth of the Solar industry and reduce the country’s reliance on fossil fuels.

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