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Due to a 30% federal cash incentive 2011 is the year to go solar.
Solar Renewable Energy CreditsAn S-REC is earned when a qualified facility generates 1000kwh of electricity through either estimated or actual metered production. It is a tradable certificate that represents all the clean energy benefits of electricity generated from your facility. S-RECs can be sold or traded separately from generated power. S-RECs can be sold whenever they are earned. The S-RECs can be traded multiple times until they are retired after two years for compliance purposes. Pennsylvania S-RECs are generally purchased by Electric Distribution Companies (EDCs) and Electric Generation Suppliers (EGSs) in order to meet the percentage required under the PA AEPS for any given energy year. |
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