Small-scale Technology Certificates (STCs): This rebate scheme applies to small-scale solar panel installations, solar water heaters, and heat pump systems. The number of STCs received depends on the system’s location, installation date, and the amount of electricity it is expected to produce over its lifetime. These certificates can be sold to electricity retailers, who are required by law to purchase a certain number of STCs annually.

May 18, 2024by Luke0

The value of STCs can fluctuate depending on market demand and government policies. Generally, the more efficient and environmentally friendly the system is, the more STCs it will be eligible to receive.

The process of claiming STCs involves registering the system with the Clean Energy Regulator, who will issue the certificates once the installation has been completed and meets all necessary requirements. The number of STCs received can then be calculated based on the system’s capacity and location.

Overall, STCs provide a financial incentive for homeowners and businesses to invest in renewable energy systems, helping to reduce greenhouse gas emissions and promote sustainable energy generation. By selling STCs, system owners can offset some of the upfront costs of installation and make renewable energy more accessible to a wider range of consumers.

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