Small-scale Technology Certificates (STCs): This is a national solar rebate scheme that provides financial incentives to households and small businesses that install renewable energy systems, including solar panels. The value of the STCs depends on factors such as the size of the system and the location. These certificates can be traded or sold to electricity retailers to offset the cost of the solar system installation.

March 13, 2024by Luke0

STCs are created when a renewable energy system is installed and are based on the amount of electricity the system is expected to generate over its lifetime. The number of STCs that can be created for a system is determined by the Clean Energy Regulator and is based on the system’s capacity and location.

Once the STCs are created, they can be sold to electricity retailers, who are required by law to surrender a certain number of STCs each year to meet their renewable energy targets. This creates a market for STCs, which helps to drive down the cost of renewable energy systems for consumers.

The value of STCs can fluctuate based on market conditions, so it’s important for consumers to do their research and understand how the STC system works before making a decision to install a Solar system. Additionally, it’s important to work with a reputable installer who can help navigate the STC process and ensure that the system is eligible for the Rebate.

Overall, STCs are a valuable financial incentive for households and small businesses looking to invest in renewable energy systems like Solar panels. By taking advantage of the STC scheme, consumers can lower their upfront costs and make a positive impact on the environment.

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