Small-scale Technology Certificates (STCs): STCs are a form of financial incentive provided under the Small-scale Renewable Energy Scheme (SRES). They are created when a solar power system is installed and registered, based on the amount of renewable energy it is expected to generate over its lifetime. These certificates can then be sold to electricity retailers, who are required by law to purchase a certain number of certificates each year.

March 20, 2024by Luke0

The value of STCs can vary depending on market conditions, but they generally provide a significant discount on the upfront cost of installing a Solar power system. This helps to make renewable energy more affordable for homeowners and businesses, and encourages the uptake of Solar power across Australia.

STCs are an important part of the government’s efforts to reduce carbon emissions and transition to a more sustainable energy system. By providing a financial incentive for renewable energy generation, STCs help to drive investment in clean energy technologies and reduce reliance on fossil fuels.

In addition to STCs, there are also Large-scale Generation Certificates (LGCs) available for larger renewable energy projects. LGCs are created based on the amount of renewable energy generated by large-scale wind and Solar farms, and can also be sold to electricity retailers to help meet their renewable energy targets.

Overall, STCs and LGCs play a crucial role in supporting the growth of renewable energy in Australia, and are an important tool in the transition to a more sustainable and low-carbon energy system.

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