Under the SRES, individuals and businesses can receive Small-scale Technology Certificates (STCs) for the renewable energy their system generates. These STCs can then be sold to electricity retailers, who are legally required to buy a certain number of them each year. The value of STCs fluctuates depending on market demand, but they can significantly reduce the upfront cost of a solar system.

February 20, 2024by Luke0

STCs are a form of financial incentive designed to encourage the uptake of renewable energy systems, such as Solar panels. The number of STCs that can be generated by a system is determined by its capacity, location, and the amount of electricity it is expected to produce over its lifetime.

The process of claiming STCs involves registering the system with the Clean Energy Regulator, who will then issue the certificates based on the system’s estimated energy generation. Once the STCs have been created, they can be sold to electricity retailers or other entities who are looking to meet their renewable energy obligations.

The value of STCs is influenced by factors such as supply and demand, market conditions, and government policy. As a result, the price of STCs can fluctuate over time, but they generally provide a significant financial benefit to individuals and businesses investing in renewable energy systems.

Overall, STCs play a crucial role in making renewable energy more accessible and affordable for consumers, helping to reduce greenhouse gas emissions and move towards a more sustainable energy future.

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