Small-scale Technology Certificates (STCs): STCs are a form of renewable energy currency that can be used to offset the cost of purchasing and installing small-scale solar power systems, such as solar panels. The number of STCs received depends on the size and location of the solar system, as well as the amount of electricity it is expected to generate over its lifetime. These certificates can be sold to electricity retailers or brokers to provide an upfront discount on the purchase and installation of the solar system.

March 3, 2024by Luke0

STCs are created under the Australian government’s Small-scale Renewable Energy Scheme (SRES), which aims to encourage the uptake of renewable energy technologies by providing financial incentives to households and businesses. The number of STCs that can be claimed for a Solar system is determined by the Clean Energy Regulator and is based on the amount of electricity the system is expected to generate over a 15-year period.

STCs can be traded on the open market, allowing Solar system owners to receive a financial benefit for their renewable energy production. The value of STCs fluctuates based on supply and demand, so it is important for system owners to monitor market prices and sell their certificates when prices are high.

Overall, STCs provide a valuable incentive for individuals and businesses to invest in renewable energy technologies, helping to reduce greenhouse gas emissions and move towards a more sustainable energy future.

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