Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme, homeowners and businesses installing solar panels and solar water heaters can create STCs. These certificates can be sold to electricity retailers, reducing the upfront cost of the solar system. The number of STCs generated depends on the size and location of the system.

March 18, 2024by Luke0

STCs are a form of financial incentive designed to encourage the uptake of renewable energy systems. The value of STCs fluctuates based on market demand and government policies. By selling STCs, homeowners and businesses can offset the cost of installing Solar panels or Solar water heaters, making renewable energy more accessible and affordable.

The process of creating and selling STCs involves registering the Solar system with the Clean Energy Regulator, calculating the number of STCs generated based on the system’s capacity and location, and then selling the STCs to an electricity retailer or STC trader. The revenue generated from selling STCs can help reduce the payback period for the Solar system and provide a return on investment for the system owner.

Overall, STCs play a crucial role in incentivizing the adoption of renewable energy technologies, reducing greenhouse gas emissions, and transitioning towards a more sustainable energy future.

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