Small-scale Technology Certificates (STCs): This is a federal government program that provides financial incentives for installing small-scale renewable energy systems, including solar panels. The number of STCs you receive depends on the size of your system and the location of your installation. These certificates can be sold to help offset the cost of your solar installation.

March 11, 2024by Luke0

STCs are created when your Solar system generates electricity from a renewable source. The number of certificates you receive is based on the amount of electricity your system is expected to produce over its lifetime. You can then sell these certificates to electricity retailers or other entities who have obligations under the Renewable Energy Target (RET) scheme.

The value of STCs can vary depending on market conditions and demand for renewable energy certificates. The price of STCs is typically higher when there is increased demand for renewable energy or when government incentives are in place to encourage the installation of Solar panels.

Overall, STCs can provide a valuable financial incentive for homeowners and businesses looking to install Solar panels and reduce their reliance on traditional energy sources. By taking advantage of the STC program, you can help offset the upfront costs of your Solar installation and make a positive impact on the environment.

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