Small-scale Technology Certificates (STCs): STCs are a form of tradeable certificate that can be created when a solar power system is installed. The number of STCs generated depends on the size of the system and the location, as well as the amount of electricity the system is expected to produce over its lifetime. These certificates can be sold to electricity retailers, who are required by law to obtain a certain number of STCs each year. The value of STCs fluctuates depending on market conditions.

March 16, 2024by Luke0

STCs are a key component of the Australian government’s Renewable Energy Target (RET) scheme, which aims to increase the use of renewable energy sources in Australia. By creating a financial incentive for the installation of Solar power systems, STCs help to reduce the upfront costs of going Solar and make renewable energy more accessible for homeowners and businesses.

The process of creating and selling STCs can be complex, so many Solar power system installers offer to handle this process on behalf of their customers. This can make it easier for customers to take advantage of the financial benefits of STCs without having to navigate the intricacies of the market themselves.

Overall, STCs play a crucial role in incentivizing the adoption of Solar power systems and other forms of renewable energy, helping to reduce greenhouse gas emissions and move Australia towards a more sustainable energy future.

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