How to sell and buy STCs
This is a guide for Agents. It explains the processes you need sell and/or buy valid STCs.
Note that regardless of whether you plan to trade STCs through the STC market or the STC Clearing House, all STCs must be created in the REC Registry first.
Prior to creation and sale, Agents must ensure:
- Systems are correctly and completely installed by compliant and (where required) registered installers.
- Installation occurred not more than 12 months prior to the date of STC creation.
- Where required, all paperwork is complete and correctly signed.
- An STC Assignment form has been completed and signed over to them by the owner of the installed system.
- They have a current account in the REC Registry with Registered Agent access.
Please note that certificates created for systems installed prior to 1 January 2011, including RECs already in the system at that date, are LGCs and can only be traded through the open market. The price of LGCs is often different to that of STCs.
Current spot prices for both STCs and LGCs can be found on the front page of the Clean Energy Council website. These can provide an indication of the going price but are not a guarantee, as your eventual price will depend on the buyer and their market.
How to sell STCs
- Ensure your STCs are correctly created and registered by the Clean Energy Regulator in the REC Registry.
- Decide whether to sell STCs through the open STC market, or through the STC Clearing House.
| STC market |
STC Clearing House |
- Not controlled by any single entity.
- Seller must find a buyer and negotiate sale directly with them.
- Price is set by market and fluctuates with the market.
- Payment is made directly between seller and buyer.
- The Clean Energy Regulator does not set the price of STCs and does not get involved in disputes between buyers and sellers.
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- Managed by the Clean Energy Regulator
- Buyers and sellers are in one place; no choice or negotiation required.
- STCs are added to Transfer List and sold when there is a buyer.
- There is no guarantee on how long STCs will take to sell.
- Price is set at $40/STC (excluding GST).
- Payment is made by direct deposit into the STC Clearing House account.
- The Clean Energy Regulator can provide information on how to use the STC Clearing House
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How to buy STCs
- STCs must be correctly created and registered by the Clean Energy Regulator in the REC Registry before they can be purchased.
- Decide whether to purchase STCs through the open STC market, or through the STC Clearing House.
| STC Market |
STC Clearing House |
- Not controlled by any single entity
- Buyer must find a seller and negotiate sale directly with them
- Potential for immediate sale once seller is found
- Price is set by market and fluctuates with the market
- Payment is made directly between seller and buyer
- The Clean Energy Regulator does not set the price of STCs and does not get involved in disputes between buyers and sellers
|
- Managed by the Clean Energy Regulator
- Buyers and sellers are in one place; no choice or negotiation required.
- STCs are added to Transfer List and sold only when there is a buyer
- There is no guarantee on how long STCs will take to sell.
- Price is set at $40 (excluding GST)
- Payment is received by direct deposit from the STC Clearing House account
- The Clean Energy Regulator can provide information on how to use the STC Clearing House.
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Date last updated: 22 Mar 2012