Small-scale Technology Certificates (STCs): The STC scheme provides financial incentives for small-scale renewable energy systems, including solar panels. The value of the STCs depends on factors such as the size and location of the system, and the amount of electricity generated. These certificates can be sold to electricity retailers, which helps to reduce the cost of the solar system for the owner.

March 27, 2024by Luke0

STCs are created for eligible renewable energy systems based on the amount of electricity they are expected to produce over a set period of time. The number of STCs that can be created for a system is determined by the Clean Energy Regulator, which administers the scheme.

The value of STCs fluctuates based on market demand and supply, and can be traded on the open market. Solar system owners can either sell their STCs themselves or assign them to a registered agent who will purchase them at an agreed price. The money received from selling STCs can help offset the upfront cost of installing a Solar system.

The STC scheme is designed to encourage the uptake of renewable energy technologies by providing a financial incentive for small-scale installations. By reducing the cost of Solar panels and other renewable energy systems, STCs help make these technologies more accessible to homeowners and businesses, ultimately contributing to a cleaner and more sustainable energy future.

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