A Solar Renewable Energy Certificate (SREC) is a specialized form of certificate that represents the environmental attributes associated with generating electricity from solar energy. For every megawatt-hour of electricity produced by a solar power system, one SREC is generated. This certificate is separate from the actual electricity and serves as a unique identifier for the solar aspect of the energy generation.
Essentially, an SREC is a way to quantify and track the environmental benefits of solar power. It allows electricity suppliers to demonstrate compliance with Renewable Portfolio Standards (RPS) or similar regulations that mandate a certain percentage of energy to be sourced from renewable sources, specifically solar in this case. SRECs can be bought and sold in a market, providing a mechanism for solar power system owners to receive compensation for the environmental attributes of their clean energy production. The value of an SREC is influenced by market forces such as supply and demand, and it can be an essential component of the overall strategy for promoting and incentivizing solar energy generation.
At SAMS, we take a holistic approach to SREC brokering, incorporating essential asset management services into our broker fees. This ensures your investment remains lucrative, well-maintained, and optimized for peak performance. Our dedicated team ensures your solar asset operates efficiently, providing financial and utility benefits to you and your family. We strongly encourage you to consider us for your broker needs, as our comprehensive approach ensures both financial success and sustainable energy benefits.
We provide a full management of your asset. From the monitoring to management and maintenance, our team is dedicated to ensuring you have an optimally performing solar system. We completely remove the burden of system management and SREC trading.
