Small-scale Technology Certificates (STCs): STCs are a form of financial incentive that are created when eligible solar panels or solar water heaters are installed. These certificates can be traded and sold to electricity retailers, who are required by law to purchase a certain amount of STCs each year. The value of STCs depends on factors such as the size of the solar system, location, and market demand. The number of STCs you receive for installing a solar system is determined by the system’s capacity and the location.

STCs provide a way for homeowners and businesses to reduce the upfront cost of installing Solar panels or Solar water heaters. By selling STCs, owners can recoup some of the initial investment and make renewable energy more affordable.

The process of claiming STCs involves registering the Solar system with the Clean Energy Regulator, who will issue the certificates based on the system’s eligibility. Once the certificates are issued, they can be sold on the open market to electricity retailers or other entities who have a legal obligation to purchase them.

It’s important to note that the value of STCs can fluctuate based on market conditions and government policies. Therefore, it’s recommended to research and understand the current market trends before deciding to sell your STCs.

Overall, STCs are a valuable financial incentive that can help make Solar energy more accessible and affordable for homeowners and businesses, while also contributing to Australia’s renewable energy target.