Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme, individuals and small businesses can create STCs for every megawatt-hour of renewable energy their system generates. These certificates can then be sold to electricity retailers, which helps offset the cost of the solar system.

March 18, 2024by Luke0

STCs are a form of financial incentive to encourage the uptake of renewable energy systems, such as Solar panels, small wind turbines, and Solar water heaters. The number of STCs that can be created for a system is based on its location, installation date, and the amount of renewable energy it is expected to generate over its lifetime.

The value of STCs can vary depending on market conditions and government policies, but they typically represent a significant portion of the upfront cost of installing a renewable energy system. By selling these certificates, individuals and businesses can recoup some of their investment and make renewable energy more affordable.

In addition to providing a financial benefit to system owners, STCs also help to reduce greenhouse gas emissions by incentivizing the use of clean, renewable energy sources. This contributes to Australia’s overall efforts to combat climate change and transition to a more sustainable energy system.

Overall, STCs play a crucial role in promoting the adoption of renewable energy technologies and helping to build a cleaner, more resilient energy future for Australia.

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