Small-scale Technology Certificates (STCs): STCs are a form of tradable certificates that represent the amount of renewable energy a solar panel system can generate over a certain period. The value of the STCs depends on factors such as the system’s size, location, and the market demand for certificates. These certificates can be sold or traded to electricity retailers, reducing the upfront cost of installing solar panels.

April 3, 2024by Luke0

STCs are part of the Australian government’s Renewable Energy Target (RET) scheme, which aims to increase the use of renewable energy sources in Australia. By incentivizing the installation of small-scale renewable energy systems, such as Solar panels, STCs help reduce greenhouse gas emissions and contribute to a more sustainable energy future.

To be eligible for STCs, Solar panel systems must meet certain standards and be installed by accredited installers. The number of STCs a system is eligible for is calculated based on its size and location, with more STCs available for systems in areas with higher Solar radiation.

Once a Solar panel system is installed, the owner can create STCs by registering the system with the Clean Energy Regulator. These STCs can then be sold to electricity retailers, who are required to buy a certain number of certificates each year to meet their renewable energy obligations.

Overall, STCs provide a financial incentive for homeowners and businesses to invest in Solar power, making it a more affordable and attractive option for generating clean energy. By supporting the growth of the renewable energy industry, STCs help Australia move towards a more sustainable and low-carbon future.

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