Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme (SRES), homeowners, small businesses, and community organizations can claim STCs for the installation of eligible solar systems. The number of STCs depends on the system’s capacity, location, and the amount of renewable energy it is expected to generate over its lifetime. These STCs can then be sold to registered agents, who provide a financial benefit to the system owner.

March 7, 2024by Luke0

STCs are a form of financial incentive designed to reduce the upfront cost of installing Solar systems and encourage the uptake of renewable energy. The value of STCs is determined by supply and demand in the market, with prices fluctuating based on factors such as government policy, market conditions, and the overall demand for renewable energy.

To claim STCs, system owners must ensure that their Solar system meets eligibility criteria set out by the Clean Energy Regulator. This includes using approved Solar panels and inverters, having the system installed by a Clean Energy Council accredited installer, and ensuring that the system meets all relevant safety and performance standards.

Once the system is installed and the necessary paperwork is submitted to the Clean Energy Regulator, the STCs are created and can be sold to registered agents. These agents then surrender the STCs to the regulator as proof that a certain amount of renewable energy has been generated, helping to meet Australia’s renewable energy target.

Overall, STCs play an important role in promoting the adoption of renewable energy technologies and reducing greenhouse gas emissions. By providing a financial incentive for Solar system installations, STCs help make renewable energy more accessible and affordable for homeowners, businesses, and communities across Australia.

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