Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme, homeowners and businesses can create STCs for eligible solar panel installations. The number of STCs generated depends on the size of the solar system and its location. These certificates can then be sold to electricity retailers, who are required to acquire a certain number of certificates each year.

March 10, 2024by Luke0

STCs provide a financial incentive for the installation of renewable energy systems, such as Solar panels, by offsetting some of the upfront costs. The value of STCs can vary depending on market conditions, but they generally provide a significant discount on the cost of a Solar system.

To create STCs, homeowners and businesses need to ensure that their Solar panel installation meets the eligibility criteria set out by the Clean Energy Regulator. This includes using approved Solar panels and inverters, and having the system installed by a Clean Energy Council accredited installer.

Once the Solar system is installed and the necessary paperwork is submitted, the STCs are created and can be sold on the open market. Electricity retailers are required to buy a certain number of STCs each year to meet their renewable energy obligations under the Small-scale Renewable Energy Scheme.

Overall, STCs play a key role in promoting the uptake of renewable energy systems, such as Solar panels, by providing a financial incentive for homeowners and businesses to invest in clean energy technology.

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