Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme, homeowners and businesses that install solar panels or other eligible small-scale renewable energy systems can create STCs. These certificates can then be sold to electricity retailers, providing a financial incentive for installing solar.

March 25, 2024by Luke0

STCs are created based on the amount of renewable energy the system is expected to produce over its lifetime, and the location and installation date of the system. The number of STCs generated will vary depending on these factors, with larger systems generating more certificates.

Once the system is installed, the homeowner or business owner can register their system with the Clean Energy Regulator and create STCs. These certificates can then be sold on the open market to electricity retailers or other entities that have a legal obligation to purchase them in order to meet their renewable energy targets.

The price of STCs can fluctuate based on market demand and supply, but they typically provide a significant financial benefit to the system owner. This helps to offset the upfront cost of installing a renewable energy system and can make Solar power more affordable for homeowners and businesses.

Overall, STCs play a crucial role in incentivizing the uptake of small-scale renewable energy systems and helping Australia transition towards a cleaner, more sustainable energy future.

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