Small-scale Technology Certificates (STCs): STCs are a form of renewable energy currency that can be traded for cash. They are created when a solar system is installed on a home or business and can be sold to electricity retailers. The value of STCs varies depending on factors such as the location of the installation and the size of the system. The number of STCs received is based on the amount of renewable energy the system will generate over its lifetime.

March 7, 2024by Luke0

STCs are designed to incentivize the installation of renewable energy systems by providing financial benefits to homeowners and businesses. By creating a market for these certificates, the government aims to encourage the uptake of Solar power and reduce greenhouse gas emissions.

STCs can be traded through the Renewable Energy Certificate (REC) market, where electricity retailers purchase them to meet their renewable energy targets. The price of STCs is influenced by supply and demand dynamics, as well as government policies and regulations.

In Australia, the Small-scale Renewable Energy Scheme (SRES) governs the creation and trading of STCs. Installers of Solar systems can register with the Clean Energy Regulator to create and sell STCs. The process involves calculating the number of STCs eligible for a particular installation and submitting them to the market for sale.

Overall, STCs play a crucial role in promoting the adoption of renewable energy technologies and reducing dependence on fossil fuels. They provide a valuable source of income for Solar system owners and help drive the transition towards a more sustainable energy future.

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