Small-scale Technology Certificates (STCs): STCs are created for eligible solar power systems and are based on the estimated amount of electricity the system will generate over a 15-year period. These certificates can be sold to electricity retailers to offset the cost of the solar power system. The number of STCs received depends on the system’s size, location, and the amount of electricity it is expected to generate.

STCs are a form of government incentive to promote the installation of Solar power systems and reduce greenhouse gas emissions. The value of STCs can fluctuate based on market demand and government policies. It is important for individuals or businesses looking to install a Solar power system to understand the STC scheme and how it can help offset the cost of their investment. STCs can be traded on the open market or through brokers, making it easier for system owners to benefit from the financial incentives available.