STC Discount Conditions

Small-Scale Technology Certificate (STC) – Terms and Conditions

A Small-Scale Technology Certificate (STC) represents one (1) megawatt hour of renewable electricity generated or displaced by eligible small-scale renewable energy systems, including but not limited to solar PV, wind, hydro, solar water heaters, and air-source heat pumps.

STCs form part of the Federal Government’s Small-Scale Renewable Energy Scheme and are designed to create a financial incentive for households and businesses by reducing upfront installation costs.

JR Gas & Water offers an upfront discount on eligible systems where the customer agrees to assign the value of all STCs generated from their installation to JR Gas & Water. This STC discount is provided on the following strict conditions:

• The system must qualify under the Small-Scale Renewable Energy Scheme at the time of installation.
• The full quantity of valid STCs generated by the installation must be assigned to JR Gas & Water on the day of installation, unless otherwise agreed in writing.
• Assignment of STCs must be completed via the Greenbank Environmental Bridge Select Portal using the secure form issued to the customer via email by JR Gas & Water.
• STC assignment must be completed within seven (7) business days of receiving the Greenbank Portal link.

Failure to complete the STC assignment within the 7-business-day timeframe will result in:

  • Immediate removal of the STC discount from the invoice or quote.
  • The Customer becoming solely responsible for the management, sale, and compliance of their own STCs.
  • An updated invoice being issued for the full, non-discounted amount.

Please note that completion of STC transfer in full and on time is also required to qualify for any Prompt Payment Discounts that may have been applied to the same invoice.

By accepting a quote or proceeding with a booking or payment that includes an STC discount, the Customer agrees to be bound by these terms in full. JR Gas & Water reserves the right to modify or withdraw STC discounts at any time prior to payment or installation, and to recover the full rebate value if STC obligations are not met.