Small-scale Technology Certificates (STCs): This rebate is available for small-scale solar panel systems, wind turbines, and solar water heaters. The number of STCs received depends on the size of the system and the location of installation. These certificates can be sold to electricity retailers, which can then be used to offset the cost of the system.

February 9, 2024by Luke0

STCs are a form of government incentive in Australia that encourage the installation of small-scale renewable energy systems. The purpose of these certificates is to reduce greenhouse gas emissions and promote the use of clean energy sources.

The number of STCs received by an individual or business depends on the size of the renewable energy system installed and its location. The larger the system, the more STCs it is eligible to receive. Additionally, the location of the installation affects the number of certificates, as areas with higher Solar radiation or stronger wind resources receive more STCs.

Once the renewable energy system is installed, the owner can create STCs for each megawatt-hour of electricity the system is expected to generate over a certain period (usually 15 years). These certificates can then be sold to electricity retailers or other entities that have a legal obligation to meet renewable energy targets. By selling the STCs, the system owner can receive a financial benefit that helps offset the upfront cost of the system.

The price of STCs fluctuates based on supply and demand dynamics in the market. The value of the certificates can vary, and it is recommended to check the current market price when considering selling STCs.

Overall, STCs provide a financial incentive for individuals and businesses to invest in small-scale renewable energy systems, helping to reduce greenhouse gas emissions and promote the transition to cleaner energy sources.

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