Solar Renewable Energy Credits

Not only has solar energy has established itself as a viable source of power for today’s businesses; it’s also a source for income generation, as well. Generating positive cash flow through the installation of a solar PV system occurs after a net-metering agreement with your utility company. This process earns you Solar Renewable Energy Credits – or SRECs – for the surplus energy you send back to the utility grid.

Extra income is earned with the sale of SRECs through the securities market, sales contract or at SREC auctions. For every 1,000kWh of electricity generated by your Solar PV System, you’ll earn one SREC in your electric account. Another piece of good news is that electricity suppliers in states like New Jersey and Massachusetts are prime purchasers of SRECs as these purchases help them avoid paying compliance payments.

Save Money, Earn SRECs and Make Money

Solar renewable energy is a definite win for businesses. Using solar panels to create your own electricity lets you:

  • Enjoy energy savings for your business
  • Sell unused energy back to the supplier
  • Create positive cash flow
  • Tout your company’s new-found environmental responsibility

Energy Credits, Government Grants and Incentives

With the number of grants and incentives, along with the potential for cash flow, a Solar PV System that creates Solar Renewable Energy Credits is enticing for businesses. At Amberjack Solar, we support the process with our Solar PV System purchase and lease agreements and provide the technology and support needed to maintain the system well into the future.

Ready to learn more? Contact us to discover more about the long-term benefits of converting to Solar PV systems.