Small-scale Technology Certificates (STCs): STCs are a form of tradeable certificate that can be created for eligible solar power systems. The number of STCs a system is eligible for is based on the system’s capacity, location, and the amount of electricity it is expected to generate over its lifetime. These certificates can be sold to electricity retailers, who are required by law to purchase a certain number of certificates each year.

March 9, 2024by Luke0

STCs are a key incentive in Australia’s Renewable Energy Target (RET) scheme, which aims to increase the uptake of renewable energy sources such as Solar power. By creating a market for STCs, the scheme helps to reduce the upfront cost of installing Solar power systems for households and businesses.

The value of STCs can fluctuate depending on market conditions, so it is important for system owners to stay informed about the current market price when looking to sell their certificates. STCs can also be used as a form of currency to offset the cost of installing a Solar power system, as system installers can offer a discount on the upfront cost in exchange for the rights to the certificates.

Overall, STCs play a crucial role in promoting the adoption of Solar power and other renewable energy technologies, helping to reduce greenhouse gas emissions and combat climate change.

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