Small-scale Technology Certificates (STCs): STCs are a form of tradable currency created under the federal government’s Small-scale Renewable Energy Scheme (SRES). These certificates are awarded based on the expected electricity generation of a solar power system over a 15-year period. The number of certificates received depends on various factors such as the size and location of the system. Homeowners and businesses can sell these certificates to electricity retailers or traders to receive a financial benefit, which can be used to reduce the upfront cost of installing solar panels.

February 20, 2024by Luke0

STCs are designed to incentivize the installation of small-scale renewable energy systems, such as Solar panels, by providing a financial incentive to offset the initial cost. The value of STCs can fluctuate based on market demand and government policy changes, so it’s important for individuals considering installing a Solar power system to stay informed about the current value of STCs.

In order to be eligible to create STCs, the Solar power system must meet certain requirements, such as being installed by a Clean Energy Council accredited installer and using approved components. The number of STCs generated by a system is calculated based on the system’s capacity, location, and the amount of electricity it is expected to generate over its lifetime.

Overall, STCs provide a valuable financial incentive for homeowners and businesses to invest in renewable energy solutions, helping to reduce greenhouse gas emissions and contribute to a more sustainable energy future.

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