Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme, homeowners and small businesses can create STCs when they install eligible solar power systems, including solar panels, solar water heaters, and heat pumps. These STCs can then be sold to electricity retailers, who are required by law to purchase a certain number of STCs each year. The value of STCs depends on factors such as the size of the system and the location.

March 29, 2024by Luke0

STCs are a way for homeowners and businesses to offset the upfront costs of installing renewable energy systems, making them more affordable and encouraging the uptake of sustainable energy sources. The process of creating and selling STCs can be complex, so many people choose to work with a registered agent who can help navigate the process and ensure they receive the maximum benefit.

Overall, STCs play a crucial role in promoting the transition to renewable energy and reducing greenhouse gas emissions. By incentivizing the installation of Solar power systems and other renewable energy technologies, STCs help to drive down carbon emissions and move towards a more sustainable future.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *