Frequently Asked Questions about STCs

What is a STC?

One 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.

Who receives the STC payment?

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.

When can the STC payment be claimed?

STCs can be claimed from the date the system has been completely and correctly installed.

STCs must be claimed within 12 months of the installation date.

How long does it take for Green Energy Trading to process an STC payment?

With our online portal Geo, you decide when you want to get paid. Choose between the Fast Track payment offer, paid in 1 working day, or the Best Price offer, paid in 20 working days after complete and correct information has been submitted in Geo.

When were the first STCs claimed?

The first STCs were created under the Small-scale Renewable Energy Scheme (SRES) in 2011. The SRES was established when the Renewable Energy Target (RET) was split into two incentives - the Large-scale Renewable Energy Target (LRET) and the SRES. The LRET incentivises investment in large commercial and utility scale renewable energy power stations. The SRES rewards Solar PV, Heat pump and Solar Water Heater installations.

As one of Australia’s longest standing REC agents, Green Energy Trading has been here since the first STCs. And we’re committed to being here to the last STCs are created in 2030.