Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme (SRES), homeowners and businesses installing solar panels, solar water heaters, and heat pumps are eligible to receive STCs. The number of STCs received depends on the system’s size, location, and the amount of electricity it is expected to generate over its lifetime. The value of STCs can be used to reduce the upfront cost of purchasing and installing the solar system.

February 25, 2024by Luke0

STCs are created when a small-scale renewable energy system is installed and connected to the grid. The number of STCs that can be created for a system is calculated based on the amount of electricity the system is expected to generate over its lifetime, as well as the location of the system and the technology used.

STCs can be traded on the open market, allowing homeowners and businesses to sell them to electricity retailers or other entities that have an obligation to purchase a certain number of STCs each year. This helps to reduce the cost of installing renewable energy systems and encourages more people to invest in clean energy technology.

The value of STCs can vary depending on market conditions, so it’s important to keep track of the current market price when considering installing a Solar system or other renewable energy technology. Additionally, it’s important to make sure that the system you install is eligible for STCs under the SRES guidelines.

Overall, STCs provide a valuable incentive for homeowners and businesses to invest in renewable energy technology, helping to reduce greenhouse gas emissions and combat climate change.

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