Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme (SRES), homeowners and businesses can claim STCs based on the amount of renewable energy their solar system is expected to generate over its lifetime. These certificates can then be sold to electricity retailers, reducing the cost of the solar system.

February 27, 2024by Luke0

STCs are calculated based on the size of the Solar system, its location, and the amount of electricity it is expected to generate over its lifetime. The number of STCs a system is eligible for is determined by the Clean Energy Regulator, and the value of each STC is subject to market fluctuations.

By claiming and selling STCs, homeowners and businesses can offset the upfront cost of installing a Solar system, making renewable energy more accessible and affordable. This financial incentive helps to encourage the uptake of Solar power and reduce greenhouse gas emissions.

To claim STCs, homeowners and businesses must ensure that their Solar system meets the eligibility criteria set by the Clean Energy Regulator and that the installation is carried out by a qualified installer. STCs can be claimed within 12 months of the installation of the Solar system.

Overall, STCs play a crucial role in incentivizing the adoption of renewable energy technologies such as Solar power, contributing to a more sustainable and environmentally friendly energy future.

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