{"id":26321,"date":"2018-12-05T06:59:32","date_gmt":"2018-12-04T20:29:32","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=26321"},"modified":"2018-12-05T06:59:32","modified_gmt":"2018-12-04T20:29:32","slug":"stc-regulator-solar-mb0852","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/stc-regulator-solar-mb0852\/","title":{"rendered":"Fresh Regulator Warning On Non-Existent Solar Installations"},"content":{"rendered":"
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Image: geralt<\/a><\/p><\/div>\n

Australia’s Clean Energy Regulator has again warned registered REC agents to ensure solar power systems that STCs are created for actually exist.<\/p>\n

Australia\u2019s major solar subsidy<\/a> is based on Small-scale Technology Certificates (STCs) that have a value usually traded at the point of sale for a discount on a solar power system; greatly reducing the up-front cost of installing solar panels<\/a>.<\/p>\n

While the purchaser benefits from a reduced price up-front, the certificates can only be generated after system installation has occurred and must be created by a registered agent that has been assigned the rights to them. After the certificates are created, the agent can sell the STCs on the renewable energy certificate (REC) market.<\/p>\n

Back in April, the Regulator again warned of a scam<\/a> that involves the creation of STCs for solar power systems that don\u2019t exist and earlier this week provided some details of a specific investigation.<\/p>\n

“The Clean Energy Regulator is currently investigating the conduct of Mr Adam Shaw in relation to the improper creation of STCs and the provision of false or misleading information related to STC claims,” it stated<\/a>.<\/p><\/blockquote>\n

The Regulator says this individual is suspected of operating under a number of aliases and in connection with several solar businesses that have been used to arrange or facilitate the improper creation of STCs. It notes the businesses as:<\/p>\n