Small-scale Technology Certificates (STCs): This is a national program that provides financial incentives to households and businesses that install small-scale renewable energy systems, including solar panels. The value of STCs depends on factors such as the size of the system and location.

March 26, 2024by Luke0

STCs are created based on the amount of renewable energy the system is expected to generate over its lifetime. These certificates can then be sold to electricity retailers or large-scale emitters to help them meet their renewable energy targets under the Renewable Energy Target scheme.

By installing a small-scale renewable energy system and receiving STCs, households and businesses can reduce the upfront cost of their system and make it more affordable to go Solar. This program helps to encourage the uptake of renewable energy technology and reduce greenhouse gas emissions from the electricity sector.

Overall, STCs provide a financial incentive for individuals and businesses to invest in renewable energy systems, which can help reduce their electricity bills, decrease their reliance on fossil fuels, and contribute to a more sustainable energy future.

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