Did you know that choosing solar energy benefits the environment and the climate, gives you access to clean, independent energy, and saves significant costs on your energy bills? How? Solar energy credits are your answer, but we will get back to that later. First, let’s discuss the basics of Solar energy and why it is an essential choice for you.
How Solar Energy Systems Work?
Solar energy systems use photovoltaic (PC) panels to convert natural sunlight into electricity. Once these systems are installed, they can generate electricity to power your residential or commercial projects. They can significantly reduce or even eliminate the need for traditional energy sources. By generating your own electricity, you become independent of traditional energy sources and can reduce your monthly utility bills. Sometimes, your systems may also produce more energy than your business or home consumes, in which case you can sell it back to the grid. In any case, it helps you save costs and even earn extra revenue.
Energy prices increase over time due to multiple factors, such as inflation, fuel costs, regulatory changes, and more, but when you generate your own solar power, you stabilize your energy expenses and stay unaffected by these fluctuations.
What are Solar Credits?
Solar Credits are earned when solar energy systems generate a specific amount of energy. Solar Renewable Energy Credits (SRECs) play an important role in the solar industry. They represent the environmental benefits of solar energy generation and are part of various solar programs designed to promote a transition to solar power.
- They help provide financial incentives to generate solar power through solar credits, which in turn encourage businesses and individuals to choose solar energy systems.
- SRECs also help utilities meet their RPS requirements. These requirements require utilities to produce a certain percentage of their energy from renewable sources. To meet these requirements, utilities purchase SRECs from small producers through aggregators.
- It also helps individuals and small-scale solar energy producers to create revenue opportunities by selling their solar renewable energy credits.
How To Get Started?
- The first step towards becoming energy independent is to evaluate if your property or business has the potential to adopt solar systems. You can hire a solar energy expert to evaluate your property’s solar potential by assessing factors like roof orientation, shading, space, etc.
- In the next step, you will have to choose a professional solar installer to ensure that you can adopt solar energy hassle-free. Choose a reputed solar installation company to install your solar energy systems.
- Register your system on time to get approval and earn your solar energy credits.
- You can then monitor your solar energy production to ensure that your system works efficiently and track the SRECs you earn.
- Once you have earned your SRECs, you can choose an SREC aggregator, sell your solar credits, and generate revenue.
You can connect with our team if you need help or guidance for SREC applications in Virginia. We help you with the solar credits application process and ensure they receive complete approval from your selected solar aggregator in Virginia quickly so you can start earning your solar energy credits stress-free. Contact us today at (720) 263-7364.
