Under the SRES, homeowners and businesses can create Small-scale Technology Certificates (STCs) for their solar power system, which can then be sold to electricity retailers or other buyers. The value of the STCs depends on the system size, location, and the market demand for them.

February 24, 2024by Luke0

STCs are a form of government incentive to encourage the installation of renewable energy systems, such as Solar panels. The process of creating and selling STCs involves registering the system with the Clean Energy Regulator, who then issues the certificates based on the estimated amount of renewable energy the system will produce over its lifetime.

The number of STCs that can be created for a Solar power system is based on the system’s capacity and the location’s Solar zone rating. The higher the Solar zone rating, the more STCs can be created. Once the STCs are created, they can be sold on the open market to electricity retailers or other buyers who are required to purchase a certain number of certificates each year to meet their renewable energy obligations.

The value of STCs can fluctuate depending on market demand and government policies. The price of STCs is typically higher when there is a high demand for renewable energy certificates or when there are changes to government incentives or regulations that affect the market for STCs.

Overall, the creation and sale of STCs can help offset the upfront cost of installing a Solar power system and make renewable energy more financially viable for homeowners and businesses.

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