STCs, or Small-scale Technology Certificates, are a form of government incentive for installing Solar panels in Australia. The number of STCs a system is entitled to is based on the amount of renewable energy the system is expected to produce over its lifetime, which is determined by factors such as the location, size, and efficiency of the Solar panels.
The value of each STC is determined by market demand and can vary over time. As the demand for renewable energy increases, the value of STCs may also increase. This means that installing Solar panels when the value of STCs is high can provide a greater financial benefit to the system owner.
It’s important for system owners to stay informed about the current value of STCs and take advantage of opportunities to maximize the financial benefits of installing Solar panels. Additionally, consulting with a Solar installer or financial advisor can help system owners navigate the process of claiming and selling STCs.