Small-scale Technology Certificates (STCs): Under the federal government’s Small-scale Renewable Energy Scheme, homeowners and small businesses that install solar panels or other eligible renewable energy systems can create STCs. These certificates can then be sold to electricity retailers, who are required by law to buy a certain number of them each year. The value of STCs depends on factors such as the size of the system and the location, and can significantly reduce the cost of solar panel installation.

March 17, 2024by Luke0

STCs are a form of financial incentive to encourage the uptake of renewable energy systems. By creating a market for these certificates, the government aims to make it more affordable for individuals and businesses to invest in clean energy technologies.

The process of creating and selling STCs involves registering the system with the Clean Energy Regulator, who then issues the certificates based on the amount of renewable energy the system is expected to generate over its lifetime. The certificates can then be sold on the open market, with the price determined by supply and demand.

Overall, STCs provide a valuable source of income for renewable energy system owners, while also helping to reduce greenhouse gas emissions and move towards a more sustainable energy future.

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