Small-scale Technology Certificates (STCs): STCs are a form of financial incentive provided by the federal government. They are created for every megawatt-hour of electricity that is generated by an eligible solar power system. The number of STCs that can be claimed depends on the size of the system and its location. These certificates can be sold to electricity retailers, who are required by law to purchase a certain number of them each year. The value of STCs can vary depending on market conditions.

March 19, 2024by Luke0

STCs are designed to help reduce the upfront cost of installing Solar power systems for residential and commercial users. By selling STCs, system owners can recoup some of the initial investment in the system, making Solar power more affordable and accessible.

The value of STCs is determined by supply and demand in the market. As the demand for renewable energy increases, the value of STCs may also increase. This provides an additional financial incentive for individuals and businesses to invest in Solar power systems.

Overall, STCs play a key role in promoting the adoption of renewable energy technologies and reducing greenhouse gas emissions. They help make Solar power more financially viable for consumers, while also supporting the transition to a more sustainable energy future.

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