Small-scale Technology Certificates (STCs): These are tradable certificates that can be claimed for installing small-scale renewable energy systems, such as solar panels. The number of STCs received depends on the system’s capacity and location, and they can be sold to electricity retailers to offset the cost of the system.

March 11, 2024by Luke0

STCs are part of the Australian Government’s Renewable Energy Target scheme, which aims to increase the use of renewable energy sources in Australia. The scheme works by creating a market for STCs, which incentivizes individuals and businesses to invest in renewable energy systems.

To claim STCs, the system must be installed by a Clean Energy Council accredited installer and meet certain eligibility criteria. Once the system is installed, the installer will create a certificate for the system and assign it a certain number of STCs based on its capacity and location.

These STCs can then be sold to electricity retailers, who are required by law to buy a certain number of certificates each year to meet their renewable energy obligations. The price of STCs can vary depending on market demand, but selling them can help offset the upfront cost of installing a renewable energy system.

Overall, STCs play a crucial role in promoting the adoption of small-scale renewable energy systems in Australia by providing a financial incentive for individuals and businesses to invest in clean energy technology.

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