Small-scale Technology Certificates (STCs): The STC scheme is the main solar rebate program in Australia. Under this program, homeowners and businesses can create STCs for the installation of eligible solar systems. These certificates can then be sold to electricity retailers, who are required by law to buy a certain amount of them each year. The value of STCs depends on factors such as the size of the system and the location.

March 16, 2024by Luke0

STCs help reduce the upfront cost of installing Solar systems, making Solar energy more affordable for consumers. The number of STCs that can be created for a system is determined by its capacity and the amount of renewable energy it is expected to generate over its lifetime.

The STC scheme is designed to incentivize the uptake of renewable energy and reduce greenhouse gas emissions. By creating a market for STCs, the scheme encourages the deployment of Solar systems, which in turn helps reduce reliance on fossil fuels and contributes to a cleaner and more sustainable energy future.

Overall, the STC scheme plays a crucial role in promoting the adoption of Solar energy in Australia and supporting the transition to a low-carbon economy. It provides financial incentives for individuals and businesses to invest in Solar technology, ultimately helping to reduce carbon emissions and combat climate change.

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