Solar Renewable Energy Credits, or SRECs, are a type of solar incentive that help speed up the return on your solar investment. SRECs aren’t available in every state, but where they are, they’re a valuable source of extra income in addition to your monthly savings on your utility bill.
The way they work is pretty simple. For each 1,000 kilowatt-hours (kWh) of electricity your solar energy system produces, a renewable energy certificate is created. An average residential solar installation at Ipsun is about 10kW, so with a system of that size, you could generate roughly 12,000 kWh/year and create on average one SREC per month.