REC's Buy Back

Renewable Energy Certificates (also known as REC's) are a way of keeping track of how much renewable energy has been generated and who has generated it. REC's can be traded between companies or individuals, rather like shares. One REC is created for every megawatt hour of renewable electricity that is produced.

Each year the owner can receive the REC's for a certain amount. Alternatively, owners can assign their REC's to someone else if they wish.

Nearly all Solar SA customers choose to assign them to Solar SA in return for a one-off payment/discount on the upfront cost of the system. This gives them a handy discount as well as eliminating time consuming paperwork and the practical difficulties of trying to sell them privately.

Currently REC's can be bought upfront for up to 15 years.
That makes a nice discount on the cost of a system, the larger the system, the larger the REC's buy back.