Small-scale Technology Certificates (STCs): STCs are a form of financial incentive provided under the federal government’s Small-scale Renewable Energy Scheme (SRES). When you install a solar power 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, who are required by law to buy a certain number of them each year. The value of STCs depends on factors such as the size of the solar system and the location of the installation.

February 20, 2024by Luke0

STCs help reduce the upfront cost of installing a Solar power system, making it more affordable for homeowners and businesses to transition to renewable energy. The number of STCs generated by a Solar system is calculated based on its capacity in kilowatts and its location, with more STCs being generated for systems in areas with higher Solar radiation.

The value of STCs can fluctuate based on market conditions and government policy changes, so it’s important to stay informed about the current value of STCs before installing a Solar power system. It’s also important to work with a reputable installer who can help you navigate the process of creating and selling STCs to maximize your financial benefits.

Overall, STCs are a valuable financial incentive that can help make Solar power more accessible and affordable for individuals and businesses looking to reduce their carbon footprint and lower their electricity bills.

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