The number of STCs received depends on the size of the solar system and its location. The larger the system and the sunnier the location, the more STCs it will be eligible for. The value of each STC also varies depending on market conditions.

May 8, 2024by Luke0

STCs, or Small-scale Technology Certificates, are a form of financial incentive provided by the Australian government to promote the installation of Solar power systems. These certificates are created for every megawatt-hour of renewable energy produced by eligible systems and can be sold on the open market.

The number of STCs received depends on the size of the Solar system and its location. The larger the system and the sunnier the location, the more STCs it will be eligible for. The value of each STC also varies depending on market conditions.

In general, the process for receiving STCs involves installing an eligible Solar power system, having it inspected by a Clean Energy Regulator accredited installer, and then creating and registering the STCs with the Renewable Energy Target (RET) scheme. Once the STCs are created, they can be sold to electricity retailers or other entities to help offset the upfront cost of installing the Solar system.

Overall, STCs can provide a valuable financial incentive for homeowners and businesses looking to invest in Solar power systems, helping to reduce the cost of installation and make renewable energy more accessible to a wider range of consumers.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *