We Buy and Sell Renewable Energy Certificates (RECs).

 

 

  • We buy the RECs, or Renewable Energy Certificates, that can be created when you buy and instal a solar hot water sytem from us, or someone else
  • We buy the RECs, or Renewable Energy Certificates, that can be created when you buy and instal a photovoltaic PV system from us, or someone else.

This is done under the Australian Mandatory Renewable Energy Target (MRET) Scheme.

If you purchase your hot water system or PV system from us, we'll handle the process for you, and purchase your RECs- we are Registered Agents.

If you've already purchased your system from somebody else, and need to sell (assign) your RECs, we can help.

  • The first thing to know is that you have 12 months from the date of installation to act. After that, your entitlement lapses, and you lose a lot of money- typically over $1000 for a solar HWS. You have three choices.
  • Do nothing for 12 months, and lose the right to create RECs
  • Register your RECs, and gamble that they will go up in value, or, what the vast majority of people do,
  • Sell (assign) the RECs at the current (historically high) rate. A bird in the hand...

If you have a Renewable Energy Certificates entitlement, we will either register it for you for a $40 fee, or create the RECs, and buy them from you. The value of RECs is currently dropping. Please check for current rates.

Buying Price As At August 17th., 2008: is dropping. How much are yours worth?

The process of us buying your RECs from you takes around 2-3 weeks. When we receive your properly completed paperwork, we create the RECs on a Federal Government Register. It usually takes a couple of weeks for them to be verified. Once we receive that advice, we pay you within a couple of days.

If you want to sell Photovoltaic (PV) RECs, click here...

If you want to sell Solar Hot Water System RECs, read on...

 

Solar Hot Water System RECs

 

How To Sell Us Your Solar Hot Water
Renewable Energy Certificates (RECs).

 

Step 1. Check which Zone you live in by checking the Register of Solar Water Heaters Postcode Zones.

Step 2. Check the exact Model of your Solar hot water system.

Step 3. Check that your system is on the Register of Solar Hot Water Heaters and note how many RECs apply for your Zone.

Step 4. Download and print a copy of the RECs Assignment Form. Fill in the details, and post to us. The details required are;
- the exact model number of your system
- the name/address etc of the plumber who installed the system
- your name/address and signature.
- the number of RECs.
- please leave the value of the RECs blank. We will contact you when we receive your Claim Form to confirm the buying price on that day. We will only proceed with your acceptance of that price.
- Provide phone and email contact details

Step 5. Let us know whether you'd prefer to be paid by cheque, or by Direct Transfer to your bank account

That's it. Fill in the Claim Form and post it to us. If you haven't heard back in a week, give us a call- your paperwork could have got lost in the mail. We'll confirm a price with you, and get on with creating your RECs. In around 3 weeks, we'll make payment by the method you've requested.

 

Solar PV system RECs

 

How To Sell Us Your Photovoltaic
Renewable Energy Certificates (RECs)

 

Step 1. Open the PV RECs Fact Sheet. Go to the Table on Page 7, and from your Postcode, check the Zone you live in. At the bottom of that page, check the Zone Rating and make a note of the number.

Step 2. Check the exact rated output (peak watts) of your panels, and multply that by the number of panels.

Step 3. Multiply the Zone Rating figure x the output of your PV system in kilowatts x 15 (the number of years you are allowed to calculate your RECs over. Round the figure down to the next full number. That's how many RECs you can create.

Step 4. Download and print a copy of the PV RECs Assignment Form. Fill in the details, and post to us. The details required are;
- your name and address
- the name/address/accreditation etc of the BCSE-accredited who installed the system
- the Brand of your PV system
- the exact model and serial numbers of each of your PV panels
- your name/address and signature.
- the number of RECs.
- please leave the value of the RECs blank. We will contact you when we receive your Claim Form to confirm the buying price on that day. We will only proceed with your acceptance of that price.
- Provide phone and email contact details

Step 5. Let us know whether you'd prefer to be paid- by cheque, or by Direct Transfer to your bank account

That's it. Fill in the Claim Form and post it to us. If you haven't heard back in a week, give us a call- your paperwork could have got lost in the mail. We'll confirm a price with you, and get on with creating your RECs. In around 3 weeks, we'll make payment by the method you've requested.

Example: Mr. Smith lives in Westmead in Sydney (Postcode 2145). He buys a Sharp 1.5 kw system. How many RECs can he create and sell?

  • Mr. Smith checks page 7 of the PV RECs Fact Sheet, and finds that his Postcode- 2145- places him in Zone 3, and that the Zone Rating is 1.382.
  • Mr. Smith then checks that his PV system is comprised of nine 175 watt panels. That means that the total output of his system is 9 x 175 watts = 1575 watts = 1.575 kw.
  • Mr Smith multiplies 1.382 x 1.575 x 15 to get a figure of 32.64
  • Mr Smith rounds that figure down to the next whole number = 32
  • Mr Smith can sell us 32 RECs. At the current price (June 15 2008) of $46, we would pay Mr Smith $1472.

You sell, we buy Solar Hot Water RECs for Hills,Quantum, Solahart, Beasley, Edwards, Rheem, Dux, Conergy, Solartech, Endless Solar, and many more.

You sell, we buy PV RECs for BP, Sharp, Kyocera, Suntech, Sunpower, Unisolar, and many more.

We also sell Carbon Credits

Call Enviro-Friendly today on (02) 6282 6266, and find out how we can help you assign your Renewable Energy Certificates (RECs), because you've already helped
"Save water, save energy, save money, and save the environment."

For enviro-friendly tips and news, be sure to and please, tell your friends about us!

 

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