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 generated depends on factors such as the size of the system and the location. These certificates can be sold to electricity retailers or traders who have a legal obligation to purchase them, providing a financial benefit to the system owner.

February 23, 2024by Luke0

STCs are a form of government incentive designed to promote the uptake of renewable energy systems, such as Solar power, by reducing the upfront costs for consumers. The value of STCs fluctuates based on market demand and government policy changes, but they can provide a significant discount on the cost of installing a Solar power system.

To create STCs, homeowners or businesses must first have their system installed by a Clean Energy Council accredited installer. The installer will then register the system with the Clean Energy Regulator, who will issue the appropriate number of STCs based on the system’s size and location.

Once the STCs are created, they can be sold on the open market to electricity retailers or traders. The value of STCs is determined by supply and demand, so it is important to monitor market trends to maximize the financial benefit of selling them.

Overall, STCs are a valuable incentive for homeowners and businesses looking to invest in renewable energy systems like Solar power. By taking advantage of this scheme, consumers can reduce their upfront costs and contribute to a more sustainable energy future.

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