RECs are sold on SREC (Solar Renewable Energy Credit) markets, and traditionally, one REC is equal to one megawatt-hour of electricity. Again, understanding the full complexities of SREC markets would take some time, but the takeaway is this: thanks to sophisticated metering and interconnection equipment, we know exactly how much electricity is generated by every solar system we install, which allows us to accurately measure RECs for our partners. The question of whether to retain your RECs is a choice for each individual company or public sector entity considering installing a solar system, but the key is working with an experience solar provider that can help advise you on that decision.
Further complicating this picture is the use of RECs by utilities, which will often offer “products” for their customers which allow that customer’s energy to only come from “renewable” sources as part of a bundled program which will often have “REC” in the name. The challenge for customers is significant: not all of the energy sourced for these programs is local, clean, or new. Yet directly purchasing solar power from a provider like Sun Tribe (whether on-site or off-site) ensures that our partners know where their power is coming from.