What need to know about Small-scale Technology Certificates (STCs)
What happens to my STCs once they have been assigned?
The Agent creates the STCs in an online system called the REC Registry. They are then able to be listed for sale through the open STC market, or the ORER-managed STC Clearing House.
The price of STCs fluctuates depending on demand in the market but tends to stay between $20 and $40/STC. There is a Government-guaranteed price of $40/STC (excluding GST) if the seller uses the STC Clearing House.
However, certificates may take some time to clear, thus delaying payment to the seller.
The demand for STCs is created by liable entities (commonly electricity retailers) who are required by law to buy and surrender a set number of STCs per year. Surrendered STCs are invalidated by ORER and cannot be bought or sold again.
Further information available from the Office of Renewable Energy Regulator:
http://www.orer.gov.au/
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| STCs What are they ? |
| What is ORER ? |
| What is the purpose of the SRES ? |
| How do I get money for STCs ? |
| What happens to my STCs once they have been assigned ? |
| What if I want to create the certificates myself ? |
| How do I know my renewable energy system is eligible for STCs ? |