Small-scale Technology Certificates (STCs): These are tradable certificates that are created for eligible solar installations. The number of certificates awarded depends on the size of the system and the location of the installation. These certificates can be sold to electricity retailers, who are required by law to purchase a certain number of certificates each year.

March 4, 2024by Luke0

STCs are used to incentivize the installation of Solar panels and other renewable energy systems by providing a financial benefit to homeowners and businesses. The value of STCs can fluctuate based on market demand and government policies, but they generally help to reduce the upfront cost of installing Solar panels.

To be eligible for STCs, the Solar installation must meet certain criteria, such as using approved Solar panels and being installed by a Clean Energy Council accredited installer. Once the installation is complete, the system owner can apply for STCs through the Renewable Energy Target (RET) scheme.

Overall, STCs play a crucial role in promoting the uptake of renewable energy and reducing greenhouse gas emissions in Australia. By creating a market for these certificates, the government encourages investment in Solar power and helps to transition towards a more sustainable energy future.

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