Small-scale Technology Certificates (STCs): These certificates are created for eligible solar panel installations and are based on the expected energy generation over the course of 15 years. The number of STCs received depends on the size of the solar system, the location, and the market price of these certificates. STCs can be traded and sold to registered agents, who provide a discount on the cost of the solar system upfront.

April 4, 2024by Luke0

STCs are a way to incentivize the adoption of renewable energy and help reduce the cost of installing Solar panels for households and businesses. By receiving STCs, Solar panel owners can recoup some of the initial investment in their system, making Solar energy more accessible and affordable.

The number of STCs received for a Solar system is determined by the Clean Energy Regulator, based on factors such as the system size, location, and the market price of STCs at the time of installation. The higher the expected energy generation of the system, the more STCs it will be eligible for.

Once the Solar system is installed, the owner can assign the STCs to a registered agent, who will then provide a discount on the cost of the system upfront. The agent can then trade or sell the STCs on the market to other parties who need to meet their renewable energy targets.

Overall, STCs play a crucial role in driving the uptake of Solar energy in Australia by making it more financially viable for individuals and businesses to invest in renewable energy.

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