Renewable Energy Certificates (RECs) in Singapore
With GetSolar, you can buy or sell Renewable Energy Certificates (RECs) in Singapore easily— whether you're a solar system owner looking to monetise clean energy or a business looking to meet sustainability targets. Optimise your solar asset, meet ESG goals, or unlock new revenue streams as we handle the process end to end.
What Are Renewable Energy Certificates (RECs)?
Renewable Energy Certificates (RECs) represent the environmental value of clean electricity. Every 1 MWh of solar energy generated equals 1 REC. Businesses aiming to meet sustainability goals purchase RECs from solar system owners — helping to reduce emissions, support Singapore's green efforts, and enhance the financial returns of going solar. RECs allow solar panel system owners to earn more from clean energy without affecting their solar savings.
GetSolar’s RECs Programme:
Two Simple Ways to Earn
We take care of the entire process — from registration to tracking and payout.
No paperwork. No fees. Just extra income from the energy you’re already generating.
Choose the plan that works best for you:
The Renewable Energy Certificate (REC) Selling Process with GetSolar
At GetSolar, we follow strict standards from international REC registries like I-REC and APX (TIGR) to ensure full compliance, traceability, and transparency. Here’s how it works:
1. Let us know you’re ready to sell
Just reach out to our team. We’ll guide you through the initial steps and what’s needed to get started.
2. Registering your solar system
Share your solar registration documents and authorise us to manage your RECs. We’ll handle system registration with the right international registry.
3. Earn passive income from your RECs
Twice a year, we turn your solar energy into RECs, sell them, and send cash to your bank account with no effort or hidden fees.
Why Choose GetSolar for Selling RECs
With GetSolar, you don’t just get access to the REC market — you get a trusted partner who simplifies the entire process. We absorb all registration and transaction fees from I-REC or APX, so there are no hidden costs and no surprises. Selling RECs with GetSolar means:
Consistent Payouts
Receive fixed cash payouts twice a year, with full transparency — regardless of market fluctuations.
Hassle-Free Process
We’ve managed over 300 solar systems and transacted RECs since 2022. From registration to sale, our team handles everything for you.
Zero Fees, Zero Stress
Simply authorise us to manage your RECs. No upfront fees, no platform costs, just a clean and seamless experience — and regular earnings from your solar system.
Hear From our Customers
Things You Might be Wondering Now
We made solar installation an hassle-free process.
Feel free to reach out if you have any inquiry!
Absolutely! You can be compensated for any unused solar energy your system exports to the grid.
If you're connected through SP Group, you'll be paid via a rebate that offsets future bills. If you 're using an Open Electricity Market (OEM) retailer, you'll receive payments based on the Wholesale Uniform Singapore Energy Price (USEP) which can vary between S$0.10/kWh to S$0.50/kWh.
Here's how it works depending on your setup:
For homeowners (SP Group billing):
- You'll be paid at the regulated tariff minus grid charges, which is about 75-80% of what you pay for electricity (~S$0.22/kWh as of early 2025).
- This appears as a bill rebate on your SP Group account.
For businesses (or OEM users):
- Export payments are based on USEP, which fluctuates daily.
- You'll receive your earnings as a remittance cheque from SP Group.
- You can also request payment via GIRO by submitting a form to SP Group.
Unfortunately there are currently no grants available for solar panel installation for residential properties in Singapore. However to get solar in a more affordable way, check out our Rent-to-Own solar plans!
Absolutely! Given Singapore’s rising electricity prices, solar panels are a smart move to cut down on those expensive bills while helping save the planet.
The amount of savings you can enjoy will largely depend on 3 factors:
- Your energy consumption patterns
- Your existing electricity retailer and utility rate
- The number of solar panels that your roof can accommodate
Plus, thanks to Singapore’s energy export structure, you can also earn from selling extra power back to the grid. You’re looking at a payback period of 5-8 years for a system that will last you over 25 years. A pretty solid investment, if you ask us.
You can estimate your potential savings with our solar calculator today!
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