STC Calculation Formula:
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Definition: This calculator estimates the number of Small-scale Technology Certificates (STCs) for hot water systems based on energy savings and zone rating.
Purpose: It helps homeowners and installers determine the renewable energy certificates generated by installing energy-efficient hot water systems.
The calculator uses the formula:
Where:
Explanation: The energy savings are multiplied by the zone rating (which accounts for solar availability) and divided by 10 to calculate the number of certificates.
Details: Proper STC calculation helps determine the financial incentives available for installing renewable energy systems, making them more affordable.
Tips: Enter the estimated energy savings in MWh/year and the appropriate zone rating (default 1.0). All values must be > 0.
Q1: What are STCs?
A: Small-scale Technology Certificates are financial incentives for installing renewable energy systems in Australia.
Q2: How do I find my zone rating?
A: Zone ratings are determined by location - consult the Clean Energy Regulator's zone map for your area.
Q3: What's a typical energy saving for hot water systems?
A: This varies by system type, but solar hot water systems typically save 2-4 MWh/year compared to electric systems.
Q4: Can I use this for other renewable systems?
A: This calculator is specifically for hot water systems. Other systems may use different calculation methods.
Q5: How are STCs redeemed?
A: STCs can be assigned to your installer or traded on the open market for financial benefit.