Small-scale Technology Certificates (STCs): These are created when a solar power system is installed and are based on the amount of electricity the system is expected to generate over its lifetime. The number of STCs received depends on the size of the system and the location. STCs can be sold to electricity retailers, who are required by law to purchase a certain number each year. The value of STCs can vary depending on market conditions.

March 24, 2024by Luke0

STCs play a crucial role in reducing the upfront cost of installing a Solar power system, making it more affordable for households and businesses to transition to renewable energy. By incentivizing the installation of Solar power systems, STCs help reduce greenhouse gas emissions and contribute to Australia’s renewable energy targets.

STCs are typically calculated based on the expected electricity generation of the Solar power system over a period of 15 years. The calculation takes into account factors such as the location of the system, the size of the system, and the amount of sunlight received in that location.

The value of STCs can fluctuate depending on market conditions, such as demand for renewable energy certificates and changes in government policy. This can impact the overall cost of installing a Solar power system, so it’s important for consumers to stay informed about the current value of STCs when considering their options for Solar energy.

Overall, STCs are an important mechanism for promoting the adoption of Solar power systems and supporting the transition to a cleaner, more sustainable energy future. By making Solar power more affordable and accessible, STCs help drive the growth of renewable energy in Australia.

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