Small-scale Technology Certificates (STCs): This rebate is available for residential and small-scale commercial solar installations (systems with a capacity of up to 100kW). STCs are created based on the expected electricity generation of the solar system over a 15-year period. The number of STCs received depends on factors such as the location, size, and efficiency of the system. These certificates can be sold or traded to offset the cost of the installation.

March 4, 2024by Luke0

STCs are a form of government incentive to encourage the uptake of renewable energy, specifically Solar power. By providing financial assistance in the form of certificates that can be sold, homeowners and small businesses are able to reduce the upfront costs of installing Solar panels, making it a more affordable option.

The process of claiming STCs involves ensuring that the installation meets certain requirements and standards set by the Clean Energy Regulator. Once these requirements are met, the certificates can be created and either sold directly to a registered agent or broker, or traded on the open market.

Overall, STCs play a crucial role in making Solar power more accessible and affordable for residential and small-scale commercial properties, ultimately contributing to the reduction of greenhouse gas emissions and the transition towards a more sustainable energy future.

Share on:

Leave a Reply

Your email address will not be published.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