Small-scale Technology Certificates (STCs): Under the Federal Government’s Renewable Energy Target (RET) scheme, homeowners and businesses installing solar panels or solar water heaters can create and sell STCs. The number of STCs generated depends on the size and location of the system and the amount of electricity it is expected to generate over its lifetime. These certificates can be sold to electricity retailers or other market participants, providing a financial benefit to the system owner.

March 9, 2024by Luke0

STCs are an important incentive for the uptake of renewable energy systems, as they help to reduce the upfront cost of installation. The value of STCs can fluctuate based on market demand and supply, but they typically provide a significant financial benefit to system owners.

To create STCs, system owners must first have their system installed by a Clean Energy Council accredited installer. The installer will then provide the necessary documentation to create the STCs, which can be done through the Renewable Energy Certificate (REC) Registry.

Once the STCs are created, they can be sold on the open market to electricity retailers or other market participants. The price of STCs can vary, but generally, the more renewable energy a system is expected to generate, the more STCs it will create and therefore the higher the financial benefit to the system owner.

Overall, STCs provide a valuable financial incentive for homeowners and businesses to invest in renewable energy systems, helping to reduce greenhouse gas emissions and move towards a more sustainable energy future.

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