How the customer pays for a solar system
When you install a solar system, you are entitled to create and claim Small Technology Certificates (STC’s). You will receive 1 STC for every Megawatt of energy your system is expected to produce over the next 15 years.
It is common practice to assign the right to create the STC’s to the retailer such as Crest Solar and Batteries, in exchange for a discount on the purchase price of the system. You are generally invoiced for the “Out for Pocket” expense. You then pay for your solar system through a combination of your own money and money generated from Small-scale Technology Certificates (STCs) that are associated with the solar system of your choice.