Small-scale Technology Certificates (STCs): These are created under the Small-scale Renewable Energy Scheme (SRES) and are based on the expected power generation of the solar panel system over its lifetime. The number of STCs a system is eligible for depends on factors such as the size of the system and the location. These certificates can be traded and sold to electricity retailers, reducing the cost of the solar system.

March 20, 2024by Luke0

STCs help to incentivize the installation of renewable energy systems by providing a financial benefit to the system owner. The value of STCs can vary based on market conditions and government incentives. By reducing the upfront cost of a Solar system, STCs make it more affordable for homeowners and businesses to invest in renewable energy and reduce their carbon footprint.

The process of claiming STCs involves registering the Solar system with the Clean Energy Regulator, calculating the number of STCs the system is eligible for, and then either selling them on the open market or assigning them to a registered agent who can then sell them on the system owner’s behalf.

Overall, STCs play a crucial role in promoting the adoption of Solar energy and other renewable technologies, helping to reduce greenhouse gas emissions and move towards a more sustainable energy future.

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