Small Scale Technology Certificates or STC’s are what allows your system to have a subsidy applied to lower the initial capital cost of your system. This is applied as a point of sale discount by your installer.
- STC’s are created once your system is installed and handed over to your installer who gave you an initial discount on your system at the time of purchase to the capital cost of your system.
- Your installer presents your STC’s to the Clean Energy Regulator, who ensures that these certificates are real and then return to your installer 6 weeks later.
- These STC’s are then traded on the open market by your installer or a broker acting on behalf of your installer, where a polluter will purchase these STC’s at an agreed market value.
- Polluters need to purchase a number of these STC’s per year, based on a target set by the Government.