Small-scale Technology Certificates (STCs): This rebate is available for residential and small commercial solar PV installations with a capacity of up to 100 kilowatts. STCs are created based on the expected electricity generation of the solar system over its lifetime (usually 15 years). The number of STCs generated depends on the size of the system and the location. These certificates can be sold to electricity retailers to offset the upfront cost of the solar system.

March 20, 2024by Luke0

The number of STCs generated for a Solar PV system is calculated based on the system’s capacity, location, and the current market value of STCs. The more efficient and larger the system, the more STCs it will generate.

STCs can be traded on the open market, allowing homeowners and businesses to sell them to electricity retailers or other entities that are required to offset their carbon emissions. The value of STCs can fluctuate depending on market demand, so it’s important to keep an eye on market trends when considering selling them.

Overall, STCs provide a financial incentive for installing Solar PV systems, making them more affordable for homeowners and small businesses. This Rebate program helps promote the adoption of clean, renewable energy sources and reduces greenhouse gas emissions.

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