What is the STC Clearing House?
What is the STC Clearing House?
“The STC Clearing House facilitates the exchange of small-scale technology certificates (STCs) between buyers and sellers at the fixed price which is currently $40 (excl. GST) and is accessible via the REC Registry. The STC Clearing House works on a Surplus/Deficit basis.
What is the current value of STCs?
Latest Spot Trades
| Scheme | Price | Volume |
|---|---|---|
| STC | $39.95 | 80000 |
| ESC | $30.30 | 5000 |
| ACCU | $29.50 | 20000 |
| LGC | $47.50 | 5000 |
How many STC can I claim?
You can claim small-scale technology certificates (STCs) by assigning them at the point of sale to a registered agent like a retailer or solar installer. Each STC claim is unique to an installation. However, you can make more than one STC claim if you use different addresses for each installation.
What is STC in solar?
A small-scale technology certificate (STC) is equal to 1 megawatt hour of renewable electricity either generated or displaced by eligible small-scale renewable energy systems such as solar PV, wind and hydro and solar water heaters and air source heat pumps.
How much is the STC rebate?
around $36 per STC
The STC price can be anywhere from $0 to $40. In other words, $40 is the highest value it is allowed to go to by law. The higher the STC price the more ‘rebate’ you get. At the moment, the value of the solar rebate is around $36 per STC after fees.
How is STC rebate calculated?
Calculate solar rebate by using the following formula: Total Solar Array Combined Wattage x 1.382 x the current STC multiplier of 10-years / 1000. The resulting number is the maximum STC’s one is entitled to. Multiplying the number of STCs with the current market value will give the rebate amount.
What is current STC rebate?
The roof has space for 17 x 320W solar panels, totalling a 5.44kW system size. They wouldn’t be installing the solar panels until 2021. With the current STCs price at around $37 per certificate. 75 STCs x $37 this would equate to a STC rebate value of $2775.
Where can I sell STC?
Selling through the STC clearing house Householders and registered agents have the option to sell STCs through the STC clearing house for a fixed price of $40 (excl GST). Before small-scale technology certificates can be sold through the STC clearing house they must be validated and registered.
How is STC calculated?
Here’s how to calculate how many STCs you are eligible for: Solar system size (kW) x Postcode Zone Rating x Deeming Period (years) = Number of STCs (rounded down).
How is solar STC calculated?
How do I sell my STC?
How many STC make a kW?
When your system is installed: The STC scheme is scheduled to phase out by 2030, so the number of STCs you get per kW of solar installed is decreasing each year. This is called the deeming period and is essentially a countdown to 2030. So in 2019 it was 12 years, in 2020 it’s 11, in 2021 it’s 10, and so on.