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What is Rebate or STC?

Jeffrey McCormic

What is Solar Rebate or  STC? And how does this Solar rebates or STC works?

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Best Answer

Small Technology Certificate (STC) is a source of rebate, which used to be called Renewable Energy Certificate (REC). After registration, it can be converted into dollars once you sell it.

There are a certain number of STCs that can be registered against every KW system you are installing. There is a virtual market to sell these certificates you are generating from your installation. Once you sell the STC you will get your rebate in a dollar amount.