Small-scale Technology Certificates (STCs): STCs are created when a solar system is installed and can be traded or sold to offset the cost of the system. The amount of STCs received depends on the location, size, and efficiency of the solar system.

March 31, 2024by Luke0

STCs are a form of government incentive to promote the uptake of renewable energy systems such as Solar panels. The number of STCs received is calculated based on the amount of electricity the system is expected to generate over its lifetime, with more STCs awarded for larger and more efficient systems.

STCs can be sold to electricity retailers or other entities required to meet renewable energy targets, providing a financial incentive for homeowners and businesses to invest in Solar power. The value of STCs can vary depending on market conditions and government policy, but they can often offset a significant portion of the upfront cost of installing a Solar system.

Overall, STCs play a crucial role in making Solar power more affordable and accessible for consumers, helping to reduce greenhouse gas emissions and support the transition to a more sustainable energy future.

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