Small-scale Technology Certificates (STCs): This rebate is available for residential and small business solar installations with a capacity of less than 100 kW. Under the STC scheme, homeowners and businesses can create and sell certificates based on the amount of renewable energy their system is expected to generate over a 15-year period. These certificates can then be traded and sold to electricity retailers, who are required by law to purchase a certain number of them each year. The value of STCs can vary depending on factors such as location, system size, and current market conditions.

March 4, 2024by Luke0

STCs are designed to help offset the upfront cost of installing a Solar system, making Solar power more affordable for homeowners and businesses. The number of STCs that can be created for a system is determined by its capacity and location, with more certificates available for systems in areas with higher levels of Solar radiation.

To claim STCs, homeowners and businesses must first have their system installed by a Clean Energy Council-accredited installer. The installer will then create the certificates on behalf of the system owner, who can then sell them on the open market. The value of STCs can fluctuate based on supply and demand, so it’s important to monitor market conditions before selling them.

Overall, STCs provide a valuable financial incentive for investing in Solar power, helping to reduce greenhouse gas emissions and promote renewable energy generation in Australia. By taking advantage of this Rebate, homeowners and businesses can not only save money on their energy bills but also contribute to a more sustainable future for our planet.

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