Small-scale Technology Certificates (STCs): This is a federal government scheme that provides financial incentives to homeowners and businesses that install small-scale renewable energy systems, including solar panels. The number of STCs a system is eligible for depends on factors such as the size of the system and location. These certificates can be sold to electricity retailers, who are required to purchase a certain number of certificates each year.

March 6, 2024by Luke0

STCs are a key component of the Renewable Energy Target (RET) scheme, which aims to increase the amount of electricity generated from renewable sources in Australia. By creating a market for these certificates, the government incentivizes the installation of Solar panels and other renewable energy systems, helping to reduce greenhouse gas emissions and combat climate change.

Homeowners and businesses can claim STCs for eligible systems through the Small-scale Renewable Energy Scheme (SRES). The value of STCs fluctuates based on market demand and government policy, but they can provide a significant financial benefit to those who install Solar panels or other renewable energy systems.

Overall, STCs play a crucial role in promoting the uptake of renewable energy technologies in Australia, helping to drive the transition to a cleaner, more sustainable energy future.

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