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Solar Cents - RECs
If you have - or plan to have - a solar energy system, you know about the environmental benefits of clean electricity. But did you know you can share those benefits with others? And get paid for it?
In New England, the environmental benefits from qualifying renewable systems can be realized through a mechanism called a "Renewable Energy Certificate" or "REC." RECs provide a flexible way to support investment in new renewables. RECs have caught on nationally as a way for investors and large “green power” buyers to help build new clean energy systems. Organizations as diverse as the U. S. Air Force, Whole Foods Market, numerous cities, universities, and many, many others are now buying green power through the mechanism of RECs.
By selling your RECs, you help keep this “green power” market growing. RECs from PV systems are both desirable and limited in supply. Offering your RECs for sale is a win-win: you get a modest additional return, others get to support the clean air you generate, and interest in voluntary markets
for environmental benefi ts remains strong. MEIC’s goal in this effort is to support these markets and bring more PV systems to fruition in Maine.
Sign up for Solar Cents
SolarCents enables small Maine PV system owners, of both existing and new systems, to capitalize on their investments by transferring the Renewable Energy Credits generated into revenue. Get involved. Download the sign up kit, consisting of a Program Overview and Sign up forms.
Sign up for Solar Cents
Download the following applicable SolarCents documents.
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