Bank of America Routing Number. ABA (American Bankers Association) number or a routing number is a nine-digit number, unique for a bank, or credit union, that serves as its identification for processing financial operations. Thanks to a routing number, confusing a bank with the one of a similar name became impossible.
Solar Renewable Energy Certificate. Solar Renewable Energy Certificates (SRECs) or Solar Renewable Energy Credits are a form of Renewable Energy Certificate or Green tag existing in the United States of America. SRECs exist in states that have Renewable Portfolio Standard (RPS) legislation with specific requirements for solar energy, usually referred to as a solar carve-out.
The value of an SREC varies based on a number of factors. Some of the major factors include: SREC prices tend to be high if ACP values are high, SREC supply is low, and SREC demand is high. The higher the demand for SRECs in a particular state, the more that stateâs SRECs are worth. Alternatively, SREC values tend to be low if the ACP values are low, SREC supply is high and SREC demand is low. If there is little or no demand for SRECs in a particular state, the stateâs SRECs will be worth less.