The number of STCs awarded to a Solar system is determined by its location, size, and installation date. The Clean Energy Regulator provides an online calculator to estimate the number of STCs that can be generated by a specific Solar system.
Once the Solar system is installed and operational, the owner can create the STCs and either sell them directly to retailers or through a registered agent. The process of creating and selling STCs can be complex, so many Solar system owners choose to work with a registered agent who can handle the paperwork and transactions on their behalf.
The value of STCs can fluctuate based on supply and demand in the market. Factors such as changes in government policy, the price of electricity, and the availability of other renewable energy sources can all impact the value of STCs. It’s important for Solar system owners to stay informed about market trends and make strategic decisions about when to sell their STCs to maximize their financial return.
Overall, the STC program is designed to incentivize the installation of small-scale renewable energy systems like Solar panels and reduce greenhouse gas emissions. By participating in the program, Solar system owners can offset some of the upfront costs of installation and contribute to Australia’s transition to a cleaner, more sustainable energy future.
