STCs are created when a small-scale renewable energy system is installed, with the amount of certificates generated based on the amount of renewable energy the system is expected to produce over its lifetime. The value of STCs can fluctuate based on market conditions, but they can provide a significant financial benefit to homeowners looking to invest in Solar energy.
To be eligible for STCs, your Solar system must be installed by a Clean Energy Council accredited installer and meet certain quality and safety standards. The number of STCs you can receive will also depend on the location of your property, with different zones across Australia having different levels of Solar radiation.
By selling your STCs to electricity retailers, you can offset the upfront cost of installing Solar panels and make renewable energy more accessible and affordable for homeowners. This program helps to incentivize the adoption of Solar energy and reduce reliance on fossil fuels, leading to a more sustainable and environmentally friendly energy future.
