Small-scale Technology Certificates (STCs): Under this scheme, solar system owners can create STCs based on the amount of electricity their system is expected to generate over a 15-year period. These certificates can then be sold to electricity retailers, who are required by law to purchase a certain number of certificates each year. The price of STCs varies depending on market demand and other factors, but it can significantly reduce the cost of a solar system.

March 8, 2024by Luke0

STCs are a form of government incentive designed to encourage the installation of Solar energy systems by providing a financial benefit to system owners. The number of STCs that can be created by a Solar system depends on factors such as the size of the system, its location, and the amount of electricity it is expected to generate.

The process of creating and selling STCs can be complex, but there are companies that specialize in helping Solar system owners navigate the process. By selling their STCs, system owners can recoup some of the cost of their Solar system installation, making renewable energy more accessible and affordable for homeowners and businesses.

Overall, STCs are a key component of Australia’s renewable energy policy, helping to reduce greenhouse gas emissions and transition to a cleaner, more sustainable energy future.

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