Small-scale Technology Certificates (STCs): This rebate is available for solar panel installations up to 100 kilowatts (kW). The rebate is based on the expected amount of renewable energy the system will produce over its lifetime and can be claimed at the point of sale, reducing the upfront cost.

March 24, 2024by Luke0

STCs are a form of government incentive designed to promote the uptake of renewable energy systems, such as Solar panels. The number of STCs that can be claimed for a Solar panel installation is based on factors such as the size of the system, its location, and the amount of renewable energy it is expected to generate over its lifetime.

STCs are typically traded on the open market, with the value of each certificate fluctuating based on supply and demand. Installers of Solar panels can claim STCs on behalf of the homeowner, reducing the upfront cost of the system. Alternatively, homeowners can choose to assign their STCs to the installer in exchange for a discount on the installation cost.

Overall, STCs help to make Solar panel installations more affordable for homeowners and encourage the uptake of renewable energy technologies. By reducing the upfront cost of Solar panels, STCs make it easier for homeowners to invest in clean, renewable energy sources and reduce their carbon footprint.

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