Small-scale Technology Certificates (STCs): This rebate is available for residential and small businesses with a solar power system capacity of up to 100 kilowatts. The number of STCs issued depends on the size of the system and the location of the installation. These certificates can be sold to electricity retailers or traders to offset the cost of the solar system installation.

March 20, 2024by Luke0

STCs are a form of government incentive to encourage the uptake of renewable energy systems, such as Solar power. The number of STCs that can be claimed for a Solar power system is determined by the system’s capacity and the location in which it is installed. The value of each STC fluctuates based on market demand, but they can typically be sold for a few hundred dollars each.

To claim STCs, the system owner must register their Solar power system with the Clean Energy Regulator and assign the rights to create STCs to their installer or another party. The installer will then create the STCs on behalf of the system owner and either sell them directly to electricity retailers or traders, or sell them on the open market via the STC clearing house.

Overall, STCs can significantly reduce the upfront cost of installing a Solar power system, making renewable energy more accessible and affordable for homeowners and small businesses. It’s important to note that the STC scheme is subject to change, so it’s always a good idea to check with the Clean Energy Regulator or a qualified Solar installer for the most up-to-date information.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *