Small-scale Technology Certificates (STCs): This rebate is based on the number of STCs a solar power system is eligible for. STCs are created for every megawatt-hour of electricity that a solar power system is expected to generate over its lifetime. These certificates can be sold or traded to electricity retailers, who are required by law to purchase a certain number of certificates each year. The value of STCs fluctuates based on supply and demand.

March 24, 2024by Luke0

The number of STCs a Solar power system is eligible for is determined by factors such as the size of the system, its location, and the amount of renewable energy it is expected to generate. The value of STCs can vary, but typically they can offset a significant portion of the upfront cost of installing a Solar power system.

To claim STCs, homeowners or businesses must use a Clean Energy Council (CEC) accredited installer and system. The installer will provide the necessary paperwork to claim the STCs, and the value of the certificates will be deducted from the total cost of the system.

Overall, STCs are a valuable incentive for investing in Solar power systems, as they help to reduce the upfront cost and make renewable energy more affordable for homeowners and businesses.

Share on:

Leave a Reply

Your email address will not be published.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