Under the SRES, eligible solar installations receive Small-scale Technology Certificates (STCs), which can be traded and sold to electricity retailers. The number of STCs generated by a solar system depends on factors such as its size, location, and the amount of electricity it is expected to generate over its lifetime.

March 7, 2024by Luke0

STCs are a form of government incentive designed to reduce the upfront cost of installing Solar panels and encourage the uptake of renewable energy. The value of STCs can fluctuate depending on market conditions, but they typically represent a significant discount on the cost of a Solar system.

To claim STCs, the owner of the Solar system must assign them to a registered agent, who can then sell them on the open market. The price of STCs is determined by supply and demand, so it is important for system owners to monitor the market and sell their STCs at the right time to maximize their value.

Overall, STCs provide a valuable financial incentive for households and businesses to invest in Solar power, helping to reduce greenhouse gas emissions and transition to a cleaner, more sustainable energy future.

Share on:

Leave a Reply

Your email address will not be published.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