Small-scale Technology Certificates (STCs): STCs are a type of subsidy provided under the federal government’s Small-scale Renewable Energy Scheme. They are available for residential and small-scale commercial solar installations (systems with a capacity of up to 100 kilowatts). The number of STCs received depends on the size of the solar system and the geographical location. These certificates can be sold to electricity retailers to provide a financial benefit to the system owner.

March 14, 2024by Luke0

STCs are created when a Solar system is installed, with the amount of certificates generated based on the amount of renewable energy the system is expected to produce over its lifetime. The value of STCs fluctuates depending on market demand, but they can provide a significant discount on the upfront cost of a Solar installation.

To claim STCs, the system owner must use a Clean Energy Council accredited installer and submit the necessary paperwork to the Clean Energy Regulator. Once the STCs are created, they can be sold through the open market or through a registered agent who will purchase them on behalf of the system owner.

Overall, STCs help to make Solar power more affordable for homeowners and businesses, incentivizing the adoption of renewable energy and reducing greenhouse gas emissions.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *