Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme, homeowners and small businesses can create STCs when they install eligible solar panel systems. The number of STCs created depends on the size of the system and its location. These certificates can then be sold to electricity retailers, who are obligated to purchase a certain number of them each year. The value of STCs varies depending on market conditions.

March 2, 2024by Luke0

STCs provide a financial incentive for individuals and businesses to invest in renewable energy systems, such as Solar panels. By creating and selling STCs, they can offset the upfront cost of installing these systems and make them more affordable. This helps to reduce greenhouse gas emissions and promote the use of clean, renewable energy sources.

The Small-scale Renewable Energy Scheme is regulated by the Clean Energy Regulator, which oversees the creation, trading, and retirement of STCs. The scheme aims to encourage the uptake of small-scale renewable energy systems and help Australia meet its renewable energy targets.

Overall, STCs play a crucial role in promoting renewable energy and reducing reliance on fossil fuels. By participating in the scheme, homeowners and businesses can not only lower their electricity bills but also contribute to a more sustainable and environmentally friendly future.

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