The process of claiming STCs involves completing the necessary paperwork and providing evidence of the installation of eligible Solar panels or Solar water heaters. This evidence typically includes a certificate of compliance from the installer, photos of the installed system, and proof of purchase of the system.
Once the STCs have been claimed, they can be sold on the open market to interested buyers. The price of STCs can vary depending on market conditions and demand for renewable energy certificates. Selling STCs can help system owners offset the upfront cost of installing Solar panels or Solar water heaters, making renewable energy more affordable and accessible.
Overall, the STC program is designed to incentivize the installation of renewable energy systems and reduce greenhouse gas emissions. By claiming and selling STCs, system owners can help support the growth of the renewable energy industry and contribute to a more sustainable future.
