Can single family homeowners use/sell SRECs on their own or is it best to sell those to the Solar provider?
@KhemistryIBMOR
Жыл бұрын
Concur. This video is directed toward businesses.
@landsystems5807
Жыл бұрын
In other words, all about virtue signaling
@BiaxialBigfoot
Жыл бұрын
I wouldn’t say virtue signaling. It allows utilities/companies to compensate residents in exchange for SRECs they need to adhere to state requirements/laws. Virtue signaling would be if they do it to appear good to the public. That might be a side effect but they do it to avoid fines and maintain good standing w the government. Probably helps utilities to keep getting subsidies too
@KhemistryIBMOR
Жыл бұрын
What is the point of "retiring" SREC's? It eludes me.
@PivotEnergySolar
Жыл бұрын
Great question! Retiring of SRECs ensures that any environmental claims can not be double counted. The retirements happen in public registries, and helps corporates taking voluntary actions to address their emissions keep track of their actions as well any auditing they may go through for verification purposes.
@ericsonne7839
Жыл бұрын
Does the 'C' in SREC mean "Credits" or "Certificates"? They seem to be used interchangeably in this video.
@PivotEnergySolar
Жыл бұрын
Great question! It's confusing as "Credits" and "Certificates" can technically be used interchangeably, but "Solar Renewable Energy Certificates" is the official name as you are purchasing a "certificate" that represents the generation of 1 MWh of renewable energy.
@Doc02864
6 ай бұрын
I have an 18 KW solar array. Solar edge is not an independent verifier for the state of Rhode Island. I don’t know how to choose another independent verifier. Does my installer need to choose one via software? I don’t have any software to make changes. Thanks.
@robertbrooks7936
5 ай бұрын
I live in TX. Can I sell my SRACS out of my market?
@26longlongtime
10 күн бұрын
I'm looking into this now. There is a system for it in texas but from what I see, its a texas only system which makes sence because our grid is isolated
@0xproductguy
Жыл бұрын
Are SRECs and Carbon Credits Certificates the same thing?
@PivotEnergySolar
Жыл бұрын
Great question! No, solar renewable energy certificates (SRECs) and carbon credits are not the same thing. A carbon credit is generated when someone takes an action to eliminate or avoid the emission of one metric ton of greenhouse gas emissions. You can think of SRECs as a solar specific renewable energy credit. One SREC represents one megawatt-hour of electricity created by a solar system. Simply put, carbon credits can be any sort of emission reduction activity, while SRECs are specifically tied to solar energy production.
@maz3808
Жыл бұрын
So individuals can not buy/sell SRECS?
@PivotEnergySolar
Жыл бұрын
Individuals can buy offsets and RECs to address their emissions. We do not offer this service to individuals, however many utilities have programs to purchase RECs. We suggest starting there!
@Jsosa787
Жыл бұрын
Where can I find these REC registries?
@PivotEnergySolar
Жыл бұрын
There are different registries based on geographic location of the renewable projects. For example PJM, Ercott, Miso, just to name a few. All of them have public websites where previous retirements of the RECs can be seen. To retire SRECs or sell, you will have to go through your solar developer, utility, or REC retailer.
@BiaxialBigfoot
Жыл бұрын
Is it 1MWh generated or sent to grid?
@PivotEnergySolar
Жыл бұрын
Great question! Each SREC represents one megawatt-hour of electricity generated by the solar array. Additionally, the electricity has to be delivered by the grid in order to count as an SREC.
@BiaxialBigfoot
Жыл бұрын
@@PivotEnergySolar so if you use the energy at your home it doesn’t count towards the SREC accumulation? Kinda lame, since each MWh you consume that you generated means that’s 1MWh less of nonclean sources you could’ve used. I feel u still deserve the credit. Who cares if it’s you use the power or your neighbor does. Appreciate the explanation! Lemme know if I’m misunderstanding.
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