Small-scale Technology Certificates (STCs): These are created for eligible solar power systems under 100kW. The number of STCs you receive depends on the size of your system and its location. These certificates can be sold to electricity retailers, who are required by law to purchase a certain number of them each year. The value of STCs can fluctuate based on supply and demand.

April 3, 2024by Luke0

STCs provide a financial incentive for households and businesses to install Solar power systems, as they can help offset the upfront cost of installation. The process of claiming STCs involves registering your system with the Clean Energy Regulator and providing evidence of the system’s installation and compliance with relevant standards.

The value of STCs is determined by the market, with prices typically higher when demand for renewable energy is strong. STCs can be traded on the open market, allowing system owners to sell them for cash or use them to reduce the cost of their Solar power system.

Overall, STCs play a crucial role in promoting the uptake of Solar power and reducing greenhouse gas emissions. By incentivizing the adoption of renewable energy technologies, STCs help Australia move towards a more sustainable energy future.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *