Small-scale Technology Certificates (STCs): These are tradeable certificates that represent a certain amount of renewable energy generated by a solar power system. The number of STCs awarded depends on the size of the system and its location. Homeowners and businesses can claim these certificates and sell them to energy retailers or other buyers to receive a financial benefit.

April 3, 2024by Luke0

STCs are part of the Australian government’s Renewable Energy Target (RET) scheme, which aims to increase the use of renewable energy sources in Australia. The scheme is designed to incentivize the installation of Solar power systems by providing a financial incentive for each megawatt-hour of renewable energy generated.

STCs are typically created at the time of installation of a Solar power system and can be traded on the open market. The value of STCs can vary depending on market conditions, but they can provide a significant financial benefit to homeowners and businesses looking to offset the cost of installing a Solar power system.

In order to claim STCs, homeowners and businesses must ensure that their Solar power system meets certain eligibility criteria and is installed by a Clean Energy Council accredited installer. Once the system is installed, the installer will create the necessary documentation to claim the STCs on behalf of the system owner.

Overall, STCs provide a valuable financial incentive for homeowners and businesses to invest in Solar power systems, helping to reduce greenhouse gas emissions and promote the transition to renewable energy sources.

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