Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme (SRES), homeowners and small businesses that install eligible solar panel systems (up to 100kW) can create STCs. These certificates can be traded and sold to electricity retailers, who are required by law to purchase a certain number of STCs each year. The value of STCs varies depending on factors such as the location, size, and performance of the solar system.

April 7, 2024by Luke0

STCs provide a financial incentive for individuals and businesses to invest in renewable energy technology, helping to reduce the upfront cost of Solar panel installations. The number of STCs created for a system is determined by its capacity and the location’s Solar radiation zone. The more efficient and higher capacity the system, the more STCs it will generate.

STCs are typically calculated based on the expected output of the system over a 15-year period, with one STC representing one megawatt-hour (MWh) of electricity generated by the system. The value of STCs can fluctuate based on market demand and government policies, but they can provide a significant financial benefit to system owners.

Overall, STCs play a crucial role in promoting the uptake of renewable energy technologies like Solar panels, helping to reduce greenhouse gas emissions and contribute to a more sustainable energy future.

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