Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme (SRES), homeowners and businesses that install eligible solar power systems can create STCs. The number of STCs created depends on the size of the system and the location, as well as the amount of electricity the system is expected to generate over its lifetime. These STCs can then be sold or traded to offset the cost of the solar system.

March 11, 2024by Luke0

STCs are a form of financial incentive to encourage the uptake of renewable energy systems, such as Solar power. The value of STCs is determined by supply and demand in the market, and this can fluctuate over time. The process of creating and trading STCs can be complex, so many homeowners and businesses choose to work with accredited Solar installers who can help navigate the process.

Overall, STCs play a key role in making Solar power more affordable for consumers, as they help to reduce the upfront cost of installing a Solar system. This financial incentive, along with the environmental benefits of renewable energy, has helped to drive the growth of Solar power in Australia.

Share on:

Leave a Reply

Your email address will not be published.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