Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme, homeowners and small businesses can create STCs for every megawatt-hour of electricity their solar power system is expected to generate over a 15-year period. These STCs can be sold to electricity retailers, reducing the cost of installing solar panels.

March 22, 2024by Luke0

STCs are a form of government incentive to promote the uptake of renewable energy sources such as Solar power. The number of STCs that can be created for a Solar power system depends on factors such as the size of the system, location, and the amount of sunlight it receives.

The value of STCs can vary over time, as it is influenced by market factors such as supply and demand. Homeowners and small businesses can either sell their STCs themselves or assign them to a registered agent who can trade them on their behalf.

By reducing the upfront cost of installing Solar panels, STCs make renewable energy more accessible and affordable for homeowners and small businesses. This not only helps to reduce greenhouse gas emissions but also allows individuals to save money on their electricity bills in the long run.

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