Under Australia’s Renewable Energy Target, every megawatt hour of qualifying energy generation is eligible for renewable energy certificates (RECs). For qualifying residential rooftop solar systems, these certificates are known as Small-scale Technology Certificates (or STCs).
Assuming you’re eligible, when you install a solar system with B.Solar, STCs will be created. We will ask you to assign these STCs to us. Then we will deduct the value of them from your total system cost, so the price you pay for solar is less.
The number of STCs created depends on the amount of renewable electricity the solar system generates (or the amount of electricity consumption it reduces) (so the system size), where it’s installed (where you live) and when it’s installed (since the scheme reduces each year).