What Is a Renewable Energy Certificate (REC) and Why It’s Your Gateway to Green Profits in Singapore 🔎 🌱
A Renewable Energy Certificate refers to 1MWh or one-megawatt hour of energy produced by renewable resources. These renewable resources can originate from solar, wind, geothermal, landfill gas projects, hydropower, biomass and biogas. It is an Energy Attribute Certificate that validates the consumption of renewable energy to offset the consumption of brown energy (energy from fossil fuels).
How to Sell & Buy RECS for Profit
Option 1: Purchase or Sell Commercial RECs
Example Calculation
Scenario 1) Let's say a commercial solar farm produces 2,000 MWh/year and sells RECS at an increased market price $Market Price.
- 2,000 RECs x $RECsMarket Price = $X Price
The RECS prices are market-dependent and fluctuates over time. The pricing is market-dependent, so contact Union Energy for the latest rates at 6858 5555.
Ready to purchase your very own Renewable Energy Certificate with us? Simply contact us by messaging us through WhatsApp Chat, Facebook Messenger or contact us via the Submission of Form via our Main Submission Contact Page for the number of RECs you wish to purchase. Click here to start your Renewable Energy Certificate Purchase.
🏢 Why Businesses Can Sell or Buy RECs
For companies, purchasing RECs is a strategic way to:
- Achieve carbon neutrality without infrastructure investment
- Support local and global sustainability initiatives
- Enhance corporate Economic, Environmental, Social, & Governance profile & Brand Value: This Signals environmental responsibility if you would like!
Option 2: Purchase or Sell Residential Own RECs
💰 Let Admin Explain to You How Residential Customers Can Benefit from Selling RECs
Smart Meters is A Key to Earning Verified RECs in Singapore. 📡
Smart meters as part of our solar setup to help residential customers qualify for RECs with ease. It’s a transparent, reliable, and government-compliant way to turn your solar energy into verified green value. es (RECs) from their solar systems. This intelligent devices track and record the amount of clean energy your solar panels produce down to the kilowatt-hour automatically. This data, securely transmitted to certified platforms, ensuring that every REC issued is verified and backed by accurate, tamper-proof records. Smart meters are essential for homeowners who want to earn Renewable Energy Certificates.
📈 How RECs Work
RECs are based on energy generated over time, not instantaneous power. Specifically:
- 1 REC = 1 megawatt-hour (MWh) of renewable energy produced
- Your system would need to generate 1,000 kilowatt-hours (kWh), and that is the equivalent of 1MW that admin just mentioned at the start of this article to earn 1 REC.
⏳ How Long It Takes to Earn 1 REC
Let’s estimate how long your 9.3 kW system would take to generate 1 MWh:
- Assume 4.2 peak sun hours/day (Singapore average)
- Daily energy output: 9.3 kW solar panel system ×4.2 hours=39.06 kWh/day.
- Days to reach 1 MW: 1,000KW ÷39.06KW ≈ 25.6 days
So, you’d earn roughly 1 REC($30-$50) every 25–30 days, depending on weather and system efficiency.
💰 What That Means Financially
If you sell 1 RECs for SGD $30–$50, you could earn:
- SGD $360–$600 per year from RECs alone
- That’s passive income on top of your electricity bill savings! Wow
That is a meaningful profit on top of your solar ROI.
✅ Maximizing Solar ROI
RECs help you accelerate the return on your solar investment, turning excess energy into tradable value.
✅ Supporting National Green Goals
By selling RECs, you’re contributing to Singapore’s Green Plan 2030 and helping businesses meet their ESG commitments.
✅ Scalable and Flexible
RECs can be sold independently or bundled with Power Purchase Agreements, giving you flexibility based on your energy setup.
🌏 Invest in a Greener Tomorrow and Get Rewarded
Purchasing or selling a renewable energy certificate in Singapore thus becomes a real, measurable step toward sustainability and financial empowerment.
Ready to make the switch?
Union Energy is here to support your green journey, whether you're buying RECs to meet corporate goals or selling them to maximize your solar investment.
📞 Contact us today and start your sustainable journey with confidence.