Small-scale Technology Certificates (STCs): This is a federal government scheme that provides financial incentives to households and businesses for installing small-scale renewable energy systems, including solar panels. The value of the STCs depends on the location, size of the system, and the number of certificates it creates.

March 1, 2024by Luke0

The STCs are created when a small-scale renewable energy system is installed, and they can be traded on the open market. The value of STCs can fluctuate based on supply and demand, as well as changes in government policy.

The STCs scheme helps to reduce the upfront cost of installing renewable energy systems, making them more affordable for households and businesses. By incentivizing the uptake of renewable energy systems, the scheme also helps to reduce greenhouse gas emissions and combat climate change.

To participate in the STCs scheme, homeowners and businesses need to use an accredited installer and system that meets the eligibility criteria. The number of STCs generated by a system is calculated based on the amount of renewable energy it is expected to generate over its lifetime.

Overall, the STCs scheme plays an important role in promoting the transition to clean, renewable energy sources and reducing our reliance on fossil fuels. It provides a tangible financial benefit to those who invest in renewable energy systems, while also contributing to a more sustainable future for all.

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