Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme (SRES), homeowners and small businesses are eligible to receive STCs for installing solar panels, solar water heaters, and heat pumps. The number of STCs received depends on the size and location of the system and the amount of renewable energy it is expected to generate over its lifetime. These STCs can then be sold or traded to electricity retailers, which helps to offset the cost of installing the system.

March 24, 2024by Luke0

The purpose of STCs is to incentivize the adoption of renewable energy technologies and reduce greenhouse gas emissions. By providing a financial benefit to homeowners and businesses for installing Solar panels and other renewable energy systems, the SRES aims to increase the uptake of clean energy and contribute to Australia’s overall renewable energy target.

STCs are created when a renewable energy system is installed and can be traded on the open market. The price of STCs fluctuates based on supply and demand, but homeowners and businesses can generally expect to receive a significant Rebate for each STC generated by their system. This Rebate can help to offset the upfront cost of installing Solar panels or other renewable energy technologies, making them more affordable for consumers.

Overall, the Small-scale Renewable Energy Scheme and STCs play a crucial role in promoting the transition to clean, renewable energy sources in Australia. By providing financial incentives for the installation of Solar panels and other renewable energy systems, the SRES helps to drive investment in clean energy technologies and reduce the environmental impact of electricity generation.

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