Small-scale Technology Certificates (STCs): STCs are a form of financial incentive that are created when a solar power system is installed. The number of certificates generated depends on the size of the system and the location of the installation. These certificates can be sold to electricity retailers, who are required by law to purchase a certain number of STCs each year. The value of STCs can vary depending on market conditions.

March 19, 2024by Luke0

STCs are designed to help offset the upfront cost of installing a Solar power system, making it more affordable for homeowners and businesses to transition to renewable energy. The value of STCs can help reduce the payback period for the investment in Solar power systems.

The process of claiming STCs involves registering the Solar power system with the Clean Energy Regulator, who then creates the certificates based on the system’s size and location. These certificates can then be sold on the open market to electricity retailers or other entities who have a legal obligation to purchase them.

Overall, STCs provide a valuable financial incentive for people to invest in Solar power systems, helping to reduce greenhouse gas emissions and move towards a more sustainable energy future.

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