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What are RECs (Renewable Energy Certificates)?

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What are RECs (Renewable Energy Certificates)?

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10

RECs are certificates that are awarded with solar hot water systems, and are a federal government initiative designed to encourage the uptake of products that reduce greenhouse gas emissions. These are tradable certificates and are traded on the market by energy companies who buy them from renewable energy producers (ie. households and companies who own the systems). As part of the process, customers who purchase solar hot water systems can sell their RECs to their supplier/installer, or sell them independently to a buyer of their choice. You can earn various amounts of RECs depending on the type of system you are replacing with a Conergy system. We can discount the total cost of the system you purchase from us by the value of the RECs you assign to us.

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