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What are Renewable Energy Credits (RECs)?

April 26, 2017Credits RECs renewable energy

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What are Renewable Energy Credits (RECs)?

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Recent media stories have generated lots of buzz around Renewable Energy Credits (RECs). Understanding RECs can be challenging, so we’ve prepared some general information that may help demystify this topic.

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A Renewable Energy Credit (REC) is unique from the physical electricity that is generated by a solar energy system. The REC represents the intangible environmental benefits that you are creating with your solar energy system by avoiding fossil fuels. In some states, utilities need to purchase a certain amount of RECs in order to comply with state requirements, so they buy them from solar users like you. In many states like New Jersey, RECs can be quite valuable and are a significant component to the economic returns on a solar investment. Independence Solar will work with you to maximize value from RECs generated by your solar system.