Small-scale Technology Certificates (STCs): STCs are a form of financial incentive provided under the federal government’s Renewable Energy Target (RET) scheme. Homeowners and businesses who install eligible solar power systems can create STCs, which can then be sold to energy retailers. The value of STCs is determined by factors such as the size of the system and its location, and it can be used to reduce the upfront cost of installing solar panels.

March 31, 2024by Luke0

STCs are typically created once the Solar power system is installed and commissioned, and can be claimed within 12 months of installation. The number of STCs generated is based on the amount of renewable energy the system is expected to produce over its lifetime, as well as the location and installation date.

The value of STCs can fluctuate based on market conditions and government policy changes, so it is important for homeowners and businesses to stay informed about the current incentives available. STCs can be sold to energy retailers or traded on the open market through the Small-scale Renewable Energy Scheme (SRES).

Overall, STCs provide a valuable financial incentive for individuals and businesses to invest in Solar power systems, helping to reduce greenhouse gas emissions and promote the use of renewable energy sources.

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