Under the SRES, eligible households and small businesses can receive Small-scale Technology Certificates (STCs) for installing solar panels or other small-scale renewable energy systems. These STCs can then be sold or traded to offset the cost of the installation.

April 3, 2024by Luke0

STCs are a form of government incentive designed to promote the uptake of renewable energy technologies in Australia. The number of STCs that can be generated by a system is based on the amount of renewable energy it is expected to produce over its lifetime, as well as factors such as the location and size of the installation.

Households and small businesses can claim STCs by either assigning them to a registered agent in exchange for a discount on the cost of their system, or by creating and selling them on the open market. This provides a financial incentive for individuals and businesses to invest in renewable energy systems, reducing their reliance on fossil fuels and lowering their carbon footprint.

Overall, the STC scheme plays a key role in helping Australia transition to a more sustainable and environmentally friendly energy system, while also providing financial benefits to those who choose to invest in renewable energy technologies.

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