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SREC
What is an
SREC, and how will I benefit from them?
SREC is an
acronym for Solar Renewable Energy Credit.
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Each time
your solar array produces 1MW (1,000 kWh) of electricity, you
will earn one SREC.
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You can then sell
your SREC to a load serving entity (utility company) to either meet a
state mandated Renewable Portfolio Standard or voluntary obligation.
SRECs are currently(4/2010) selling for around $300
each in PA.
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Please understand,
you are not selling the power produced rather the renewable "attributes"
representing the positive environmental attributes associated with the
MWh of renewable power delivered to the grid.
For a more detailed
explanation, visit Clean Power Markets website for their explanation
here.
How can Control Alt
Energy, LLC help in regards to SRECs?
Control Alt Energy, LLC is
a
registered aggregator of SRECs offering a turnkey solution handling
everything to assist you in the process of certifying your facility to selling
your credits. We do everything for you in exchange for a small
administrative fee.
If you installed a solar
array and are not currently taking advantage of the SREC market, contact us
today to learn more about our offering.
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