Small-scale Technology Certificates (STCs): STCs are a form of financial incentive provided under the federal government’s Renewable Energy Target (RET) scheme. When you install a solar panel system, you can create STCs based on the amount of renewable energy it is expected to generate over its lifetime. These STCs can then be sold to electricity retailers or other buyers, who use them to meet their renewable energy obligations. The value of STCs can vary depending on factors such as location, system size, and market demand.

March 6, 2024by Luke0

STCs are typically calculated based on the amount of electricity the system is expected to generate over a 15-year period, and the number of STCs generated can be determined using the Renewable Energy Target Calculator provided by the Clean Energy Regulator.

The value of STCs is also influenced by the spot price of STCs in the market, which can fluctuate based on supply and demand dynamics. As a result, the financial benefits of STCs can vary over time.

Overall, STCs provide a valuable financial incentive for households and businesses to invest in Solar power systems, helping to reduce the upfront cost of installation and make renewable energy more accessible and affordable for consumers.

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