The number of STCs a solar power system is eligible for depends on factors such as its location, size, and the amount of electricity it is expected to generate over its lifetime. The number of STCs decreases each year as the government aims to phase out the scheme by 2030.

May 14, 2024by Luke0


STCs, or Small-scale Technology Certificates, are a form of government incentive designed to encourage the uptake of renewable energy sources such as Solar power. These certificates are created when a Solar power system is installed, based on the system’s expected greenhouse gas savings over its lifetime.

The number of STCs a system is eligible for is calculated based on the system’s geographical location, the amount of electricity it is expected to generate, and the level of Solar insolation in that area. In general, systems installed in areas with higher levels of sunlight will be eligible for more STCs.

The number of STCs available for eligible systems decreases each year as part of the government’s plan to gradually phase out the scheme by 2030. This means that systems installed in later years will receive fewer STCs than those installed in earlier years. It is important for consumers to take this into account when considering installing a Solar power system, as the financial incentives available will decrease over time.

Overall, the number of STCs a Solar power system is eligible for is a key factor in determining the financial benefits of installing a system. It is important for consumers to understand how this incentive works and to consider it when making decisions about Solar power installation.

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