Small-scale Technology Certificates (STCs): This is a federal government initiative that provides financial incentives to homeowners and businesses that install small-scale renewable energy systems, including solar panels. The number of STCs you receive depends on the size and location of your system, and the amount of electricity it is expected to generate over a 15-year period. These certificates can be sold or traded, providing a discount on the upfront cost of solar installation.

February 24, 2024by Luke0

STCs are created when eligible renewable energy systems, such as Solar panels, are installed and connected to the grid. The number of STCs that can be created for a system is determined by the amount of electricity the system is expected to generate over its lifetime, as well as the location of the installation.

STCs can be sold or traded on the open market, allowing homeowners and businesses to receive a financial benefit for investing in renewable energy. The value of STCs fluctuates based on market demand and government regulations, but they can provide a significant discount on the cost of installing Solar panels.

In order to receive STCs, the renewable energy system must be installed by a Clean Energy Council-accredited installer and meet all relevant Australian standards and guidelines. The system must also be registered with the Clean Energy Regulator in order to create STCs.

Overall, STCs provide a valuable incentive for homeowners and businesses to invest in renewable energy systems like Solar panels, helping to reduce greenhouse gas emissions and transition to a more sustainable energy future.

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