Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme, homeowners and small businesses can create STCs by installing eligible solar panel systems. These certificates can then be sold to electricity retailers, who use them to meet their renewable energy obligations. The value of STCs depends on factors such as the size of the solar system, location, and market demand.

February 28, 2024by Luke0

STCs provide a financial incentive for the adoption of renewable energy technologies by reducing the upfront cost of installing Solar panels. This helps to make Solar power more accessible and affordable for consumers, ultimately contributing to the reduction of greenhouse gas emissions and reliance on fossil fuels.

The process of creating and selling STCs involves registering the Solar panel system with the Clean Energy Regulator, calculating the number of STCs based on the system’s capacity and location, and then selling them to electricity retailers or other entities that have a legal obligation to purchase them. The price of STCs can fluctuate based on market conditions, so it is important for homeowners and businesses to monitor the market and sell their certificates at the most advantageous time.

Overall, STCs play a crucial role in promoting the adoption of renewable energy technologies and supporting the transition to a more sustainable energy future. By taking advantage of this scheme, individuals and businesses can not only reduce their electricity bills but also contribute to the fight against climate change.

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