Small-scale Technology Certificates (STCs): STCs are a form of tradable currency that can be used to offset the cost of installing small-scale renewable energy systems, including solar panels. The number of STCs that can be claimed depends on the size of the solar system, its location, and the amount of renewable energy it is expected to generate over its lifetime. STCs can be claimed by homeowners, businesses, and other eligible entities and can be sold or traded to help reduce the cost of purchasing a solar panel system.

May 15, 2024by Luke0

STCs are typically created when a small-scale renewable energy system is installed and connected to the grid. The amount of STCs that can be generated for a system is determined by the Clean Energy Regulator, based on the amount of renewable energy the system is expected to generate over its lifetime.

Once the STCs have been created, they can be sold or traded on the open market. The price of STCs can vary depending on market conditions, but they generally provide a financial incentive for individuals and businesses to invest in renewable energy systems.

STCs can be a valuable source of income for homeowners and businesses looking to offset the cost of installing Solar panels. By claiming STCs, they can help reduce the upfront cost of purchasing a Solar panel system, making it more affordable and accessible for more people.

Overall, STCs play a key role in promoting the uptake of small-scale renewable energy systems, such as Solar panels, by providing a financial incentive for their installation and helping to reduce greenhouse gas emissions.

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