Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme (SRES), homeowners and small businesses can create STCs when they install eligible solar power systems. These certificates can be sold to electricity retailers, which helps offset the cost of installing solar panels. The number of STCs generated depends on factors such as the location, size of the system, and the amount of electricity it is expected to produce over its lifetime.

April 4, 2024by Luke0

STCs are an incentive designed to encourage the uptake of renewable energy systems by providing a financial benefit to those who install them. The value of STCs can fluctuate based on market conditions, so it is important for homeowners and businesses to stay informed about the current pricing and regulations surrounding the scheme.

In order to create STCs, the Solar power system must be installed by a Clean Energy Council accredited installer and meet all relevant standards and guidelines. Once the system is installed, the owner can create STCs by submitting the necessary paperwork to the Clean Energy Regulator, which oversees the SRES.

The number of STCs generated by a Solar power system can vary, but generally speaking, larger systems that produce more electricity will generate more certificates. These certificates can then be sold to electricity retailers, who are required to purchase a certain number of STCs each year to meet their renewable energy targets.

Overall, STCs provide a valuable financial incentive for homeowners and small businesses to invest in Solar power systems, helping to reduce greenhouse gas emissions and move towards a more sustainable energy future.

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