Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme (SRES), homeowners and businesses can create STCs for every megawatt-hour of electricity their solar panels generate. These certificates can be sold to electricity retailers, reducing the upfront cost of installing solar panels.

February 23, 2024by Luke0

STCs are a form of government incentive to encourage the uptake of renewable energy sources, such as Solar power. The number of STCs generated depends on factors such as the location and size of the Solar system, as well as the amount of electricity it is expected to generate over its lifetime.

By selling STCs, homeowners and businesses can recoup some of the initial investment in their Solar panels, making them a more affordable option for those looking to reduce their reliance on traditional fossil fuels. The price of STCs can fluctuate based on supply and demand in the market, but they can significantly offset the cost of installing Solar panels.

Overall, STCs help to support the growth of the renewable energy industry by making Solar power more accessible to a wider range of consumers. They also contribute to reducing greenhouse gas emissions and combating climate change by promoting the use of clean, sustainable energy sources.

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