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What are Recs?

Renewable Energy Certificates (RECs) are electronic certificates created when an eligible Hot Water System or PV system is installed. They're traded in a market and are ultimately bought by energy companies, as they count toward the company's compliance with government targets for renewable energy generation.

For every REC purchased, one megawatt-hour or 1000 kilowatt hours, of renewable electricity is generated. Each megawatt hour (MWh) of clean renewable electricity reduces the need for one additional MWh of pollution-causing conventional power. One REC represents the environmental benefits of this displacement.

You may be eligible to earn RECs when you install renewable energy equipment accredited by the Office of Renewable Energy Regulator (ORER), including solar hot water and solar power. Once created RECs can be traded, purchased or sold. This reduces the overall cost of installation for you.

The value of RECs is not fixed and varies from time to time.

You should discuss this with your consultant during your quoatation process.

The benefit of using Solster -  we have streamlined the process and made it simple and easy to use and understand. As a registered REC's agent, Solster can give you the REC's as a point of sale discount.

The price given to you for each REC will be the same price offered during the quotation process. Each time you order Solar Hot Water systems through Solster you will be made aware if the price of the REC's has changed.

Solster's streamlined system saves you time and money.

For a full list of postcodes and their REC's Zones visit the below website:

www.orer.gov.au/publications/pubs/register-postcode-zones-v1-1107.pdf

To find out more about Renewable Energy Certificates please refer to the following links:

www.orer.gov.au

www.sustainability.vic.gov.au

www.resource.vic.gov.au

www.rec-registry.gov.au