What is an SREC and how are SRECs created?

SREC stands for Solar Renewable Energy Credit. One SREC is created when a solar generator creates 1 MWh (1,000 kWh) of electricity. As a participant in the SREC Delaware Program you will create SRECs by submitting your solar meter reading each month to the SREC Delaware Administrator. These meter readings will be submitted online through the SREC Delaware online portal. You can submit your meter reading anytime between the 1st and the 15th of the month. SRECs are generated and sold separately from the actual electricity produced by your solar facility. The number of SRECs produced is not affected by net metering or the amount of electricity used on-site.