Small-scale Technology Certificates (STCs): These are also known as solar credits and are generated based on the expected electricity generation of a solar power system over its lifetime. The number of STCs a system is eligible for depends on its size, location, and the amount of renewable energy it can generate. STCs can be traded and sold to electricity retailers, who are obligated to purchase a certain number of STCs each year.

February 28, 2024by Luke0

STCs are a form of financial incentive for individuals and businesses to invest in Solar power systems, as they can help offset the upfront costs of installation. The value of STCs can vary depending on market conditions and government policies, but they generally provide a significant discount on the cost of installing a Solar power system.

In order to receive STCs, the Solar power system must be installed by a Clean Energy Council accredited installer and meet certain quality and safety standards. Once the system is installed, the owner can create STCs by registering the system with the Clean Energy Regulator and providing evidence of its expected electricity generation.

Overall, STCs play an important role in promoting the uptake of renewable energy in Australia and reducing greenhouse gas emissions. They help make Solar power systems more affordable for consumers and encourage the transition towards a more sustainable energy future.

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