Small-scale Technology Certificates (STCs): STCs are a form of financial incentive under the Small-scale Renewable Energy Scheme (SRES). Homeowners and businesses that install solar panels, solar water heaters, or other eligible small-scale renewable energy systems can create STCs. These certificates can then be sold to electricity retailers, who are required by law to purchase a certain number of STCs each year. The value of STCs depends on factors such as the system size, location, and the market demand for certificates.

March 18, 2024by Luke0

STCs are used to help reduce the upfront cost of installing renewable energy systems and encourage the uptake of clean energy technologies. The number of STCs that can be created for a system is based on its capacity and the location in which it is installed. The price of STCs is not fixed and can vary depending on market conditions.

To create STCs, homeowners or businesses must first have their system installed by a Clean Energy Council accredited installer. The installer will then provide the necessary documentation to create the certificates, which can be done online through the Small-scale Technology Certificate Clearing House.

Once the STCs are created, they can be sold on the open market to electricity retailers or other buyers. The price of STCs can fluctuate based on supply and demand, so it is important to monitor the market to get the best price for your certificates.

Overall, STCs are a valuable financial incentive for those looking to invest in renewable energy systems and can help offset the cost of installation. By taking advantage of STCs, homeowners and businesses can not only save money on their energy bills but also contribute to reducing greenhouse gas emissions and combating climate change.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *