Small-scale Technology Certificates (STCs): STCs are a tradable commodity created when small-scale renewable energy systems, such as solar panels, are installed. The number of STCs you receive depends on the amount of electricity the system 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 each year. The value of STCs can vary depending on market conditions, but they typically provide a significant discount on the cost of installing solar panels.

March 27, 2024by Luke0

STCs are designed to incentivize the uptake of renewable energy technology by providing a financial benefit to those who invest in these systems. By selling STCs, homeowners and businesses can recoup some of the initial costs of installing Solar panels, making renewable energy more accessible and affordable.

The value of STCs is determined by supply and demand in the market, as well as government policies and regulations. The price of STCs can fluctuate over time, so it’s important to monitor market conditions when considering the installation of a renewable energy system.

Overall, STCs are a valuable tool in promoting the transition to a cleaner, more sustainable energy system. By providing a financial incentive for renewable energy investments, STCs help reduce greenhouse gas emissions and support the growth of the renewable energy industry.

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