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SRECs function by giving solar energy producers a financial incentive. In essence, a solar energy generator receives one SREC for every 1 MWh of power produced. The generator will then receive more money from the sale of these SRECs on open marketplaces. This is how the procedure goes:

  • Electricity production using a renewable energy source, such as solar, is the initial step.
  • SREC issuance: The generator receives one SREC for every MWh of electricity produced.
  • Trading on open markets: Just like any other commodity, SRECs are traded on open markets, giving buyers a means to invest in renewable energy.
  • SREC purchases are essentially investments in the environmental advantages of renewable energy. Purchase of SRECs: Buyers can purchase SRECs, essentially investing in the environmental benefits of renewable energy.
  • Renewable energy production: The money made from the sale of SRECs can be used to finance additional investments in the production of renewable energy.

The Benefits of Investing in SRECs

SREC investments offer a number of advantages to both the investor and the environment. The following are some of the main advantages of purchasing SRECs:

  • Support for renewable energy: By purchasing SRECs, you are encouraging the development of renewable energy and lowering our reliance on fossil fuels.
  • Increased investment in the production of renewable energy: The money made through the sale of SRECs can be used to finance more investments in the production of renewable energy, so increasing the amount of renewable energy that is available to all.
  • Financial incentives for solar energy: By purchasing SRECs, you’re offering financial incentives to solar energy producers, helping to defray the cost of doing so and lowering the cost of solar energy for all consumers.

In conclusion, Solar Renewable Energy Credits (SRECs) offer customers a worthwhile chance to contribute to the expansion of renewable energy. Buyers can encourage the development of solar energy, offer financial incentives to solar energy producers, and boost investment in renewable energy generation by selling SRECs on open markets. Why then wait? Start buying SRECs now to assist in the development of renewable energy!

Introducing: The definitive Guide to Residential Solar in the U.S. <==Click here to check it out on Amazon.com

A residential solar system is a great way to reduce your energy costs while doing something positive for your community and the planet. However, when a home solar system is not designed and sold with integrity, it can have a tremendous negative financial impact on the homeowner.

Throughout The Definitive Guide to Residential Solar in the U.S., you will discover the many ways that homeowners have been taken advantage of by smooth-talking solar sales reps. Only to find out, often many months or years after they signed an ironclad contract, that their home solar system is not producing anywhere close to the amount of energy that they were told it would. Many of these homeowners found themselves having to pay a monthly solar bill on top of an electric bill, that they were told would vanish after installing solar panels. This is the unfortunate reality for thousands of solar pioneers and it is the #1 reason that residential solar deserves the bad reputation it has in many markets across the U.S.