Small-scale Technology Certificates (STCs): STCs are created when a solar system is installed and generate a certain number of certificates based on the system’s expected electricity generation over a 15-year period. These certificates can then be sold to electricity retailers, who are required by law to purchase a certain number of them each year. The value of STCs varies depending on market conditions but can significantly reduce the upfront cost of installing solar panels.

March 31, 2024by Luke0

STCs are a key incentive for homeowners and businesses to invest in Solar power systems, as they provide a financial benefit that helps offset the initial cost of installation. By selling STCs, Solar system owners can recoup some of their investment and make Solar power more affordable for themselves and others.

In addition to the financial benefits, STCs also help reduce greenhouse gas emissions by promoting the use of renewable energy sources like Solar power. By creating a market for these certificates, the government is able to incentivize the adoption of clean energy technologies and help Australia meet its emissions reduction targets.

Overall, STCs play a crucial role in promoting the growth of the Solar power industry in Australia and are an important tool in the country’s transition to a more sustainable energy future.

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