Small-scale Technology Certificates (STCs): These rebates are available for solar panel installations with a capacity of less than 100 kilowatts. The number of STCs received depends on the size of the system, its location, and the amount of electricity it is expected to produce over its lifetime. These certificates can be sold back to electricity retailers or traded on the open market, providing a financial benefit to the system owner.

February 28, 2024by Luke0

STCs are part of the Australian government’s Renewable Energy Target (RET) scheme, which aims to increase the amount of renewable energy generated in the country. By providing a financial incentive for small-scale Solar installations, STCs help to make Solar power more affordable for homeowners and businesses.

To be eligible for STCs, the Solar panel system must be installed by a Clean Energy Council accredited installer and meet the relevant Australian standards. The number of STCs received is calculated based on the system’s capacity, location, and expected electricity generation. The more efficient the system, the more STCs it will be eligible for.

Once the Solar panel system is installed, the owner can create STCs by registering the system with the Clean Energy Regulator and submitting the necessary documentation. The STCs can then be sold to electricity retailers or traded on the open market through the Renewable Energy Certificate (REC) system.

Overall, STCs provide a valuable financial benefit to Solar panel system owners, helping to offset the upfront cost of installation and make renewable energy more accessible to more Australians.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *