Frequently Asked Questions about STCs
Learn Everything about Small-scale Technology Certificates
What is a STC?
A STC (Small-scale Technology Certificate) represents one megawatt hour (MWh) of electricity generated or displaced by a solar hot water, heat pump, solar PV, small wind or micro-hydro system. STCs can be traded for a monetary value.
when stc was established?
The Small-scale Renewable Energy Scheme (SRES), under which Small-scale Technology Certificates (STCs) are created, was established in 2011 after the existing Renewable Energy Target (RET) was split into two incentives - the Large-scale Renewable Energy Target (LRET), which recognises renewable energy generation from large commercial and utility scale renewable power stations, and the SRES, which rewards Solar PV and Solar Water Heaters and Heat pump installations.
Am I eligible to claim STCs?
If the STC discount was provided by the installer at point-of-sale, the installer will be entitled to receive the STC payment from Green Energy Trading. STCs can be claimed from the date the system has been completely and correctly installed and must be claimed within 12 months of the installation date.
Please visit the Renewable Energy Target website for more detail on STC eligibility scenarios
How long does it take to process my claim?
With our online portal Geo, you decide when you want to get paid.
Our options are 1, 3 or 20 days once the complete and correct information has been provided to us.
Our online platform Geo, has been designed to remove any hassle from the process of claiming STCs. You can easily and effectively complete application forms while still onsite.
You won’t need to spend more of your valuable time after the job is done completing application forms.
YOU WILL GET PAID ON TIME, EVERY TIME!