What are Renewable Energy Certificates (RECs)?3-31, 2014 / By MUST Power
One REC represents the generation of 1 MWh (megawatt-hour) of electricity. As the total electricity produced by your solar power system depends on the amount of sun that falls on your roof, the number of RECs created by your system depends on its size and your location. On installation, you can generate RECs equivalent to the anticipated amount of power that your system will produce over the next 15 years. In response to climate change, and to encourage the development of renewable energy, wholesale buyers of electricity such as retailers are required to source a portion of their power from renewable sources. RECs can be sold through companies that are authorised to deal in them. Our base prices assume that you assign the RECs created by your system to us. We then sell them,and this reduces the out of pocket cost of your system.