Hopkinton, MA 4-Person System

OverviewSpecifications
This system creates hot water year-round supplementing the homeowners supply and cutting their utility bills.

The main motivation for this install was cost reduction, a great motivation to join the movement that is also cutting oil consumption and pollution!

2 SunMaxx Evacuated Tube Solar Collectors
Super Store 80 Gallon Hot Water Tank


BenefitsSREC's
Solar Renewable Energy Certificates or SREC's

New to Massachusetts in 2010, the Department of Energy Resources has implemented a Solar Credit market. This program offers an on-going production incentive for homeowners and businesses with photovoltaic systems.  For every megawatt hour (mWh) of electricity produced, participants earn one SREC, or Solar Renewable Energy Certificate, which can then be sold to electric utilities needing to meet state renewable energy mandates.  In 2010, its first year, this market projects to add a minimum of 30 cents and a maximum of 60 cents to the value of each kilowatt hour of electricity produced, dramatically reducing payback periods and skyrocketing return on investment for solar system owners.

What is an SREC?

SREC stands for Solar Renewable Energy Certificate and is a tradable certificate that represents the clean energy benefits of electricity generated from your solar electric system. SREC's will be issued to you regularly as your solar panels generate each 1000kiloWatt hours (1MWh).

An SREC is sold separately from the electric power the system generates.

Read more on The Official Website of the Executive Office of Energy and Environmental Affairs
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