Small-scale Technology Certificates (STCs): This rebate is available for residential and small-scale commercial solar power systems with a capacity of up to 100 kilowatts. STCs are a form of tradeable certificates that represent the amount of renewable energy produced by the solar system over its lifetime. The number of STCs a system is eligible for depends on its location, size, and the amount of solar energy it is expected to generate. These certificates can be sold to electricity retailers to help offset the upfront cost of the system.

February 24, 2024by Luke0

STCs are part of the Australian government’s Renewable Energy Target (RET) scheme, which aims to increase the amount of renewable energy generation in the country. By providing financial incentives for installing Solar power systems, the government hopes to encourage more households and businesses to transition to clean energy sources.

To claim STCs, the system owner must first have the system installed by a Clean Energy Council accredited installer. Once the system is installed, the installer will provide the necessary paperwork to apply for the STCs. The number of STCs the system is eligible for will be determined based on the system’s location, size, and expected energy generation.

Once the STCs have been approved, they can be sold to electricity retailers or other entities that are required to purchase a certain number of certificates under the RET scheme. The price of STCs can vary depending on market conditions, but selling them can help offset the upfront cost of installing a Solar power system.

Overall, STCs provide a valuable financial incentive for residential and small-scale commercial Solar power installations, making clean energy more accessible and affordable for consumers. By taking advantage of this Rebate, homeowners and businesses can not only reduce their electricity bills but also contribute to Australia’s transition to a more sustainable energy future.

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