Solar Power Rocks – Solar Renewable Energy Credits (SRECs) Explained
Filed under Solar power for home
Even among the solar-savvy, many people do not know what Solar Renewable Energy Credits (SRECs) are or what potential benefits they represent. As we’ve mentioned before, SRECs (or often simply RECs) allow generators of renewable energy to sell credits to businesses like utilities who need them to comply with government regulations. These credits accrue automatically to solar panel owners and often can be traded and sold like stocks on the stock market.
Click here to view the embedded video.
The team over at 1bog created this video that explains SRECs and how they can yield financial benefits to owners of solar panels.
For more information check out 1bog’s SREC page here.
You’ll probably be interested in these posts too!Solar Fred Info: RECs & SRECs & Green Tags, Oh My!Another post about New Jersey Solar and SRECs in general (and TRECs)New Jersey Solar Rebates, SRECS, and Incentives – UpdatedBarf.I’m moving to New Jersey just to buy homes and put solar on them. Seriously.
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