Small-scale Technology Certificates (STCs): STCs are a form of tradable currency that can be used to offset the cost of purchasing and installing a solar power system. The number of STCs received depends on the size of the system and the location where it is installed. These certificates can be sold to electricity retailers or other parties in the market.

March 30, 2024by Luke0

STCs are typically created when a Solar power system is installed and connected to the grid. The system owner can then assign these certificates to a registered agent who can sell them on their behalf. The value of STCs fluctuates based on market demand and government policies, so it is important to stay informed on the current market conditions when considering selling them.

By selling STCs, system owners can help offset the upfront cost of installing a Solar power system, making it a more affordable option for many households and businesses. Additionally, STCs help promote the use of renewable energy sources and reduce greenhouse gas emissions, contributing to a more sustainable energy future.

Overall, STCs serve as a valuable incentive for individuals and businesses to invest in Solar power systems, ultimately helping to transition towards a cleaner and more environmentally friendly energy system.

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