Small-scale Technology Certificates (STCs): STCs are a form of tradeable currency created for small-scale renewable energy systems, including solar panels. The number of STCs a system is eligible for depends on its location, size, and the amount of renewable energy 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 amount of STCs each year. The value of STCs can vary depending on market demand and other factors.

February 29, 2024by Luke0

STCs are designed to incentivize the installation of small-scale renewable energy systems by providing a financial benefit to system owners. By selling STCs, system owners can reduce the upfront cost of installing a renewable energy system, making it more affordable for consumers. This helps to increase the uptake of renewable energy technologies and reduce greenhouse gas emissions.

STCs are issued by the Clean Energy Regulator in Australia, and the process of applying for and receiving STCs can vary depending on the type of renewable energy system being installed. System owners must ensure that their system meets the necessary eligibility criteria and that the installation is completed by a qualified installer.

Overall, STCs play a crucial role in supporting the growth of renewable energy in Australia and helping to achieve national emissions reduction targets. By providing a financial incentive for the installation of small-scale renewable energy systems, STCs help to create a more sustainable and environmentally friendly energy sector.

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