What are STCs (small-scale technology certificates)?

In a nutshell: 

• When you install an eligible solar system, the Government gives you a number of STCs (or to use their full name, small-scale technology certificates). 
• Each of these STCs has a dollar value that's calculated using your system size and your location to take into account the total energy generation across the system's lifetime. 
• Once your system is installed, you can trade these STCs to reduce the cost of installing the system. 

How does UPowr handle STCs?

To keep things simple, we take care of the entire STC process: 

• When we design your system, we calculate the value of the STCs and deduct it upfront from the full price that you see on the UPowr platform. You can see this in the costs section of your quote. 
• After we install your system, you then sign the STCs over to us through a digital form. 
• The value of the STCs is then paid to UPowr once it's traded to a third party. This means we take on any STC pricing risk by providing you with a fixed dollar value in your quote.

Where can I find more information about STCs? 

The Federal Government set up STCs to reduce the upfront cost of installing renewable energy systems. If you'd like to know more about them, we recommend taking a look at the Clean Energy Regulator's website.