Reasons To Use Large-Scale Generation Certificates (LGCs)?
If you’re planning a large-scale solar installation, you may want to consider using large-scale generation certificates (LGCs) to complement your system. LGCs are created by accredited power stations that generate electricity via renewable energy sources and are verified by an independent third party. Both commercial and residential customers can use them as part of their Renewable Energy Target obligations. You May Not Be Eligible To Create STCs If you are a small business or if you are a householder, you may not be eligible to create STCs. It is also possible that you might not be able to create STCs if your business is large enough. If this is the case, then it would not make sense for your company to invest in renewable energy sources because it is unlikely that the investment would pay off. The same goes for non-profit organizations which cannot earn profits from their operations and therefore cannot sell LGCs on the market once these organizations have created them. LGCs...