Enact Home users can now earn money through their solar energy system

What is a REC?

Let’s start with the basics:  renewable energy credits represent energy generated from renewable sources, like solar or wind. These credits are distinct from electricity purchases and embody the clean energy attributes of renewable energy.

A REC proves one megawatt-hour of electricity was created from a renewable source. RECs are needed because electricity looks the same regardless of its source. Solar owners have the option to sell their RECs to other entities. In doing so, they are essentially selling the "renewable" quality of that energy, allowing the buyer to claim it as part of their own commitment to using clean, renewable power. The process can be complicated, this is where Enact comes in the picture  to handle this for you! 

How RECs Work with Enact Home 

Enact Home keeps track of the renewable energy your system produces. For example, when your solar panels produce 1 megawatt of energy you earn one REC.

Enact Home: A Game-Changer in REC Monitoring 

In the past, only large businesses could sell RECs due to monitoring challenges. Enact Home now enables homeowners like you to track and sell RECs, ensuring that you're never left in the dark.

Benefits of RECs: Your Rewards

Enact Home's "Cash for Clean Energy" program is a first of its kind program designed to allow homeowners and smaller commercial systems to cash in on RECs. As part of our mission to empower solar owners, we simplified the process to identify their RECs and sell them. 

• Financial Gains: Sell your RECs and earn money. It's like getting paid for being green.

• Transparency: Through Enact Home, you can view your RECs and their value, keeping everything transparent and clear.

• Simplicity: We handle every step for you. 

Getting Paid for Your RECs: The Financial Breakdown 

When your RECs are sold, we make the reward process seamless by mailing a check directly to your doorstep! If you already have a solar system in place, you can look forward to receiving a check that covers the solar energy generated over the past 10 months. And that's just the beginning — we'll continue to deposit money into your account every quarter for the next 5 years. Best of all, this offer is renewable for the entire lifetime of your system, guaranteeing a sustained return on your investment in renewable energy. With Enact Solar, your commitment to clean energy becomes a continually rewarding financial journey.

Eligibility Requirements: What You Need 

To take part in our REC program and maximize your solar energy benefits, it's important to have a 'Revenue Grade Meter' (RGM) installed. This specialized meter, certified by the American National Standards Institute (ANSI), ensures an impressive accuracy level of 0.5%. This accuracy is crucial in precisely tracking your renewable energy production, guaranteeing that your financial rewards are calculated with the utmost precision.

At Enact, your convenience is our priority. We handle all the intricate details for you, making the entire process a seamless and hands-off experience. Whether you purchased your solar system through the Enact Marketplace or elsewhere, having an RGM is a significant advantage. If you used the Enact Marketplace for your solar system, the likelihood is high that your system is already equipped with an RGM. This means you can rest assured that every bit of your solar energy is accurately measured, optimizing your participation in the REC program.

Our ultimate goal is to empower you to focus on reaping the benefits of your solar investment while we take care of the technicalities behind the scenes. With an RGM in place, you're on the path to both financial rewards and a greener future.

Who Buys Your RECs? 

By enrolling in our Renewable Energy Credits (RECs) program, you unlock an ingenious way to profit from your solar energy output. You'll keep the benefits of your generated electricity while earning cash. In return, you forgo the "environmental attributes," vital for businesses to meet their clean energy targets, and Enact takes a small service fee.

Businesses can purchase your RECs from the voluntary market, showcasing their dedication to renewable energy without the need for solar panels. It's a flexible path to curbing their carbon footprint, championing sustainability, and driving our shared mission towards a greener world. 

Turn Your Solar Energy into Rewards:

Want to turn your commitment to clean energy into tangible rewards? Ready to upgrade your solar experience? Join Enact Solar's REC program today!