Small-scale Technology Certificates (STCs): STCs are created for eligible solar power systems under 100 kilowatts (kW) in capacity. The number of STCs a system is eligible for depends on its size, location, and the amount of electricity it is expected to generate over a 15-year period. These certificates can be sold to electricity retailers, who are required by law to buy a certain number of STCs each year. The value of STCs fluctuates based on market demand.

March 21, 2024by Luke0

STCs are a financial incentive designed to help offset the upfront cost of installing a Solar power system. By selling STCs, homeowners and businesses can recoup some of their investment and make Solar power more affordable.

To be eligible for STCs, the Solar power system must be installed by a Clean Energy Council accredited installer and meet specific quality and safety standards. The system must also be connected to the grid and comply with all relevant regulations and standards.

The process of claiming STCs involves completing the necessary paperwork and providing evidence of the system’s installation and performance. Once the STCs are created, they can be sold to electricity retailers or other entities that have an obligation to purchase them.

Overall, STCs are a valuable incentive that can help make Solar power more accessible and affordable for homeowners and businesses. By taking advantage of this program, individuals can lower their electricity bills, reduce their carbon footprint, and contribute to a cleaner and more sustainable energy future.

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