Small-scale Technology Certificates (STCs): STCs are a form of tradable certificates that are created for eligible solar power systems. The number of STCs issued depends on the system’s size, location, and the amount of electricity it is expected to generate over a certain period. These certificates can be sold to electricity retailers or traders, providing a financial benefit to the system owner.

March 4, 2024by Luke0

STCs are part of the Australian government’s Renewable Energy Target (RET) scheme, which aims to increase the amount of renewable energy generation in the country. By incentivizing the installation of Solar power systems through the creation and sale of STCs, the government hopes to reduce greenhouse gas emissions and transition towards a more sustainable energy future.

To be eligible for STCs, Solar power systems must meet certain criteria, such as being installed by a Clean Energy Council accredited installer and using approved components. Once the system is installed, the installer will calculate the number of STCs that can be created based on the system’s specifications and submit an application to the Clean Energy Regulator.

Once the STCs are created, they can be sold on the open market to electricity retailers or traders. The price of STCs can fluctuate based on supply and demand, as well as government policy changes. System owners can choose to sell their STCs themselves or work with a broker to facilitate the sale.

Overall, STCs provide a valuable financial incentive for homeowners and businesses to invest in Solar power systems, helping to drive the transition towards a cleaner, more sustainable energy future.

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