Small-scale Technology Certificates (STCs) are an electronic form of currency created by the Renewable Energy (Electricity) Act 2000. One STC is equivalent to one-megawatt hour of electricity generated by your solar PV power system or displaced by your solar hot water or heat pump hot water system. The price of STCs changes according to market conditions, but as an owner of a system, you can register, sell, trade or surrender STCs for systems up to 100kW.
There are two ways you can be paid for your STCs:
You can assign your STCs when you purchase your solar PV system to a registered agent in exchange for a financial benefit that may be in the form of a delayed cash payment or upfront discount on your solar PV panel system or Hot Water System (Something that Affordable Solar Tasmania can arrange for you)
Or
You can create the STCs yourself by finding a buyer and then selling and transferring them in the Renewable Energy Certificate (REC) Registry
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