Small-scale Technology Certificates (STCs): These certificates are created for eligible solar installations under 100 kilowatts. The number of certificates awarded is based on the system’s performance and location. STCs can be sold to energy retailers, which can then be used to offset the cost of the system.

March 25, 2024by Luke0

STCs are part of the Australian Government’s Renewable Energy Target (RET) scheme, which aims to increase the amount of electricity generated from renewable sources. By creating a financial incentive for the installation of Solar panels, the scheme helps to reduce greenhouse gas emissions and promote the use of clean energy.

To be eligible for STCs, Solar installations must meet certain criteria, such as being installed by a Clean Energy Council-accredited installer and using approved Solar panels and inverters. The number of certificates awarded is determined by the size and location of the system, as well as the amount of electricity it is expected to generate over its lifetime.

Once the installation is complete, the system owner can create the STCs and sell them to energy retailers or other entities in the market. The price of STCs can vary depending on market demand and other factors, but they generally provide a significant financial benefit to the system owner.

Overall, STCs play a crucial role in incentivizing the adoption of Solar energy and helping Australia transition to a more sustainable and renewable energy future.

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