Small-scale Technology Certificates (STCs): STCs are a form of tradable currency created by the government to promote the installation of small-scale renewable energy systems, including solar panels. The number of STCs a system is eligible for depends on factors such as the location, size, and efficiency of the system. These certificates can be sold to energy retailers, who are required by law to purchase a certain number of STCs each year.

March 11, 2024by Luke0

The value of STCs fluctuates based on supply and demand in the market, so it is important for homeowners and businesses to monitor the market to get the best price for their certificates. By selling STCs, system owners can offset the upfront costs of installing renewable energy systems and make them more affordable for consumers.

STCs play a crucial role in Australia’s Renewable Energy Target (RET) scheme, which aims to increase the share of renewable energy sources in the country’s electricity generation. By creating a financial incentive for the installation of small-scale renewable energy systems, STCs help reduce greenhouse gas emissions and contribute to a more sustainable energy future.

Overall, STCs are a valuable tool for promoting the uptake of renewable energy technologies and accelerating the transition to a cleaner, greener energy system.

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