Understanding Solar Renewable Energy Credits in Virginia

 Solar Renewable Energy Credits Virginia (SRECs) are a game-changer for homeowners and businesses looking to monetize solar energy production. With guidance from Solar SME, you can easily participate in Virginia’s growing SREC market and turn clean energy into recurring income. The Virginia Clean Economy Act (VCEA) requires utilities to meet Renewable Portfolio Standards (RPS), creating consistent demand for SRECs.


What Are SRECs?

For every 1 megawatt-hour (MWh) of solar electricity your system generates, you earn one SREC. These certificates can be sold or traded for cash, offering a steady financial return while promoting sustainability.


How SREC Trading Works in Virginia

Solar systems under 1 MW are eligible to generate and trade SRECs. Through platforms like SRECTrade, you can register your system and begin earning. Credits remain valid for five years, and prices typically range from $34.50 to $43.00, depending on market conditions and compliance demand.


Why SRECs Matter

SRECs provide a win-win: solar system owners enjoy a new income stream, and Virginia moves closer to its renewable energy goals. Leveraging your system for SRECs helps recover installation costs faster while making a meaningful environmental impact.


Start Earning from Your Solar System Today

Let Solar SME help you maximize the value of your solar energy by navigating the SREC process from start to finish.

Explore more information here with Solar SME—book your FREE consultation and start earning with solar today!

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