Small-Scale Technology Certificates (STC’s)
The Australian Government’s Small-scale Renewable Energy Scheme (STCs) promotes the adoption of renewable energy systems, including solar panels, in homes and small businesses. It provides financial incentives in the form of small-scale technology certificates (STCs) to individuals and entities installing eligible renewable energy systems. STCs represent the expected energy generation of the system over a specific period and can be traded or sold to electricity retailers. The value of STCs fluctuates based on market demand. By receiving STCs, solar system owners can reduce the upfront cost of installation. The scheme aims to facilitate the transition to cleaner and sustainable energy sources, while contributing to the reduction of greenhouse gas emissions.
1. What are STCs, and how do they work?
STCs, or small-scale technology certificates, are a form of financial incentive provided under the Australian Government’s Small-scale Renewable Energy Scheme. They represent the expected generation of renewable energy by eligible small-scale systems, such as solar panels. STCs can be traded and sold to electricity retailers, helping to offset the upfront cost of installing renewable energy systems.
2. How do I qualify for STCs?
3. How many STCs will I receive for my solar panel system?
4. Can I sell my STCs?
5. How do I claim STCs for my solar panel system?
The ACT Government Interest Free Loan
The ACT Government’s Interest-Free Loan Program, part of the Sustainable Household Scheme, aims to support residents in making sustainable upgrades to their homes. This program provides interest-free loans to eligible homeowners to finance the installation of energy-efficient and renewable energy systems, such as solar panels and energy storage solutions. The loans are designed to assist residents in accessing affordable financing options for sustainable home improvements, ultimately reducing energy consumption and carbon emissions.
Sustainable Business Program
This program offers support in the areas of energy, transport, waste, and water to businesses. Businesses can enroll in the program to access rebates, resources, advice, and accreditation.
Technical experts affiliated with the program are available to provide advice to all ACT businesses on methods to enhance their energy efficiency, including the transition away from gas, installation of solar panels, and adoption of battery storage solutions.
Small to medium-sized businesses in the ACT region have the opportunity to access a technical assessment and rebates for energy efficiency upgrades, encompassing aspects such as heating, cooling, lighting, and refrigeration improvements.