Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme, homeowners and businesses can create STCs for their solar panel systems. These certificates can be traded or sold to energy retailers to help reduce the upfront cost of installing solar panels.

March 5, 2024by Luke0

STCs are generated based on the amount of renewable energy a system will produce over its lifetime, with one STC generally equivalent to one megawatt-hour of electricity generated. The number of STCs a system is eligible for is determined by factors such as the location, size, and efficiency of the system.

To create STCs, homeowners and businesses need to have their Solar panel system installed by a Clean Energy Council accredited installer. Once the system is installed, the installer will provide a Certificate of Electrical Safety, which is required to create the STCs.

Once the STCs are created, homeowners and businesses can either sell them on the open market or assign them to an eligible system installer or retailer as a discount on the upfront cost of the Solar panel system. The value of STCs can fluctuate based on market demand and government policy changes, so it’s important to stay informed about the current market conditions.

Overall, STCs provide a financial incentive for homeowners and businesses to invest in renewable energy technologies like Solar panels, helping to reduce greenhouse gas emissions and move towards a cleaner, more sustainable energy future.

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