Small-scale technology certificates are tradable certificates which you can create and trade yourself, or assign the right to create to a registered agent in exchange for an upfront discount off the cost of your system or a cash payment.
The majority of system owners choose to assign the right to small-scale technology certificates to a registered agent, as receiving an upfront financial benefit is often a simpler process, and faster than creating and trading the certificates independently through the open market or STC clearing house.
All small-scale technology certificates must be created within 12 months after your system is installed.
Once your small-scale system has been completely installed, you may assign the right to create the small-scale technology certificates to a registered agent.
The upfront financial incentive you receive is generally based on the market price of the small-scale technology certificates at the time of installation—which fluctuates depending on supply and demand.
Assigning the right to create small-scale technology certificates to a registered agent is the preferred option by the majority of system owners, and is often a much simpler and faster process compared with trading the certificates yourself through the open market or STC clearing house. See more information about assigning the right to create certificates.
Although a majority of owners choose to assign the right to create their small-scale technology certificates to a registered agent, you also have the option to create and trade the certificates yourself. This process involves:
The Clean Energy Regulator cannot provide an estimate of how long it will take for small-scale technology certificates to sell in the STC clearing house—certificates will only sell when a buyer is available and owners should plan their system purchase with this in mind.
The number of small-scale technology certificates a system may be eligible for varies depending on the type and size of the system, installation date and geographic location.
The Clean Energy Regulator has developed small-scale technology certificate calculators to provide you with an approximate amount of certificates a system may be eligible for. These calculators should be used as a guide only.
The price of small-scale technology certificates is driven by supply and demand of certificate market and fluctuates daily. If you have elected to assign the right to create your small-scale technology certificates to a registered agent, the agent can calculate an accurate price-per-certificate figure based on your individual circumstances.
If you wish to claim the small-scale technology certificates yourself it is recommended you search 'small-scale technology certificate traders' online to determine an approximate certificate value (current at the time you conduct your search).
The Clean Energy Regulator does not set the certificate price used by agents, nor does it get involved in disputes between owners and agents. Payment for certificates, or the right to create certificates, is a contractual matter between you and your agent.
By researching how many certificates a system may be eligible for, and their current market value, you will be better informed about the financial incentives available before you enter a contract to buy or install a small-scale renewable energy system.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.