The SolarCoin Foundation maintains a public ledger of renewable energy production, based on SolarCoin. SolarCoin is not a Renewable Energy Credit or REC, although it can be used to connect REC buyers to REC generators. Any solar array owner can log their production with the SolarCoin foundation and receive SolarCoin.
Solarcoin is not particularly valuable, although it can be exchanged for BitCoin. The cash value of Solarcoin is approximately $0.0001/kwh. In that sense, SolarCoin acts more like a coupon, which can create solar rewards in your community while logging your solar production value for public analysis.
It does not cost you anything to participate in SolarCoin. We will help you navigate the process of registering for SolarCoin to make sure you can take maximum advantage of this product. We’re also sure you will have questions. If registering a solar array, please have access to your online monitoring system ready. You will receive 11 SLR for participating.