Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme (SRES), homeowners and small businesses can claim STCs for solar systems with a capacity of up to 100 kilowatts. The number of STCs a system is eligible for depends on its size, location, and the amount of renewable energy generated over the system’s lifetime. These certificates can be traded on the open market or assigned to a registered agent who can provide an upfront discount on the installation cost.

March 5, 2024by Luke0

STCs are a financial incentive to encourage the uptake of renewable energy systems, such as Solar panels. They represent the environmental benefits of generating clean energy and can be sold to liable entities, such as electricity retailers, who are required to surrender a set number of certificates each year to meet their renewable energy obligations.

The value of STCs can vary depending on market conditions, so it’s important for homeowners and businesses to keep track of the current market price when considering installing a Solar system. By claiming STCs, individuals can reduce the upfront cost of installing renewable energy systems and make them more affordable and accessible to a wider range of consumers.

Overall, STCs play a crucial role in promoting the adoption of renewable energy technologies and reducing greenhouse gas emissions in Australia. They provide a financial incentive for individuals to invest in clean energy solutions, ultimately contributing to a more sustainable and environmentally friendly future.

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