Small-scale Technology Certificates (STCs): STCs are created when a solar energy system is installed and registered. The number of STCs a system is eligible for depends on factors such as the size of the system and its location. These certificates can be traded, allowing solar system owners to sell them to electricity retailers or other market participants. The value of STCs fluctuates depending on supply and demand.

STCs serve as a financial incentive for individuals and businesses to invest in Solar energy systems, as they can help offset the upfront costs of installation. The value of STCs can help make Solar energy more affordable and competitive with traditional energy sources.

The creation and trading of STCs also help to support the growth of the renewable energy industry by providing additional revenue streams for Solar system owners and encouraging the adoption of clean energy technologies.

Overall, STCs play a crucial role in promoting the uptake of Solar energy and reducing greenhouse gas emissions, contributing to the transition towards a more sustainable and low-carbon energy system.