Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme (SRES), homeowners and small businesses that install solar systems with a capacity of up to 100 kilowatts are eligible to receive STCs. The number of STCs received depends on the size of the system and the location, as well as the amount of electricity it is expected to generate over a certain period. These certificates can be sold to electricity retailers to help offset the cost of the solar installation.

March 2, 2024by Luke0

STCs are created based on the expected greenhouse gas emissions that the Solar system will offset over its lifetime compared to generating the same amount of electricity from the grid, which is calculated based on the system’s size and location. The price of STCs can fluctuate based on supply and demand in the market, but they provide a financial incentive for individuals and businesses to invest in renewable energy systems.

To claim STCs, the Solar system must be installed by a Clean Energy Council accredited installer and meet all relevant Australian standards and guidelines. The number of STCs that can be claimed for a system is determined by the Clean Energy Regulator, which administers the SRES.

Overall, STCs help to make Solar power more affordable for homeowners and small businesses, while also supporting the growth of renewable energy in Australia and reducing greenhouse gas emissions.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *