Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme (SRES), homeowners and small businesses can create STCs based on the amount of electricity their solar panels are expected to generate over a 15-year period. These certificates can then be sold to electricity retailers, who are obligated to buy a certain number of STCs each year. The value of STCs depends on factors such as the location, size, and efficiency of the solar system.

March 2, 2024by Luke0

STCs provide a financial incentive for individuals and businesses to invest in renewable energy systems, such as Solar panels, by reducing the upfront costs associated with installation. By selling STCs, homeowners and businesses can recoup some of their initial investment and make renewable energy more affordable.

The number of STCs that can be created for a Solar system is determined by the Clean Energy Regulator, based on factors such as the size of the system and the location’s Solar radiation levels. The value of STCs can fluctuate depending on market conditions and government policies, but they generally provide a significant financial benefit to Solar system owners.

Overall, STCs play a crucial role in promoting the adoption of renewable energy technologies and reducing greenhouse gas emissions. They help to make Solar power more accessible and affordable for consumers, while also supporting the growth of the renewable energy industry in Australia.

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