Small-scale Technology Certificates (STCs): STCs are a form of tradable currency that can be created by eligible solar power system owners. The number of STCs generated is based on the amount of renewable energy the system is expected to produce over its lifetime. These certificates can then be sold to electricity retailers or brokers, who are required by law to purchase a certain number of them each year. The value of STCs varies depending on market conditions but can significantly reduce the cost of installing a solar power system.

February 22, 2024by Luke0

STCs are a key incentive for homeowners and businesses to invest in Solar power systems, as they help offset the upfront costs of installation. The process of creating and selling STCs can be complex, so many system owners choose to work with a registered agent who can manage the process on their behalf.

In order to be eligible to create STCs, a Solar power system must meet certain criteria, such as being installed by a Clean Energy Council accredited installer and using approved Solar panels and inverters. The amount of STCs generated also depends on factors such as the location of the system, its size, and the current market price of STCs.

Overall, STCs play a crucial role in driving the uptake of Solar power in Australia, helping to reduce greenhouse gas emissions and transition towards a more sustainable energy future.

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