Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme, homeowners and businesses installing small-scale solar power systems (up to 100 kilowatts) are eligible to receive STCs. The number of STCs received is based on the size of the system, its location, and the amount of renewable energy it is expected to generate over its lifetime. These certificates can then be sold or traded to electricity retailers to offset the cost of the solar system.

March 22, 2024by Luke0

STCs are created and issued by the Clean Energy Regulator, and they are a form of financial incentive to encourage the uptake of renewable energy systems. The value of STCs can fluctuate depending on market conditions and government policies, so it is important for homeowners and businesses to stay informed about the current value of their certificates.

In order to be eligible for STCs, the Solar power system must be installed by a Clean Energy Council accredited installer and meet certain standards and requirements. Once the system is installed, the installer will provide the necessary paperwork to claim the STCs, which can then be either sold directly to an electricity retailer or traded on the open market.

Overall, STCs provide a valuable financial benefit to those who invest in renewable energy systems, helping to make Solar power more affordable and accessible for homeowners and businesses. By participating in the Small-scale Renewable Energy Scheme, individuals can not only reduce their electricity bills but also contribute to a more sustainable and environmentally friendly energy future.

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