SRECs articles

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The Relationship Between SREC Prices and Solar Leasing

The Relationship Between SREC Prices and Solar Leasing

Several forums, including this one, covering residential solar developments have commented on the volatility of SREC markets in some states. But few have yet to note the potentially tremendous impact on solar leasing, and residential solar adoption in general, in those SREC states experiencing severe fluctuations in pricing. You may have read how the New

apples-and-oranges

Comparing SREC Aggregators

Anyone interested in installing panels, or who already has, has probably heard of solar renewable energy credits, or “SRECs”. An SREC is basically a rebate for PV system owners. But instead of one big payment based on capacity (e.g., $1.00/watt), the rebate is based on solar electricity generation, and thus paid out over time. PV

srec-vs-clean

Clean Contracts vs. SRECs

The low risk and transparency of CLEAN Contract Programs can provide states with more solar at a lower cost than solar renewable energy certificate (SREC) programs, says a new report released last week.  Produced by the Institute for Local Self-Reliance (ILSR), CLEAN v. SREC: Finding the More Cost-Effective Solar Policyfinds that an otherwise identical solar

cash-hand

In Focus: Solar Renewable Energy Credits (SRECs)

Solar Renewable Energy Credits, or SRECs, are an extra financial benefit to generating solar energy. In Maryland, and other states, electricity suppliers must produce a part of their electricity from solar generators. In order to meet this Renewable Portfolio Standard (RPS) – discussed in an earlier blog post, companies either produce enough solar energy themselves,

Connecticut SRECs Back In Play

Many solar installers in Connecticut forecasted growth in the industry was hinging on the approval of anenergy bill that was introduced last year.   After being passed by large margins in the House and Senate, the legislation was eventually vetoedby Governor Jodi Rell, citing that the bill was introduced so late inthe session that it

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Massachusetts Announces Change to SREC Program

Today, the Massachusetts Department of Energy Resources (DOER) has announced a change that mayaffect the price of Solar Renewable Energy Credits in 2011.  The agencyannounced a 10% reduction to the Alternative Compliance Payment (ACP)for this year.   They have the right to make these changes in accordance with 225 CMR 14.08(3)(b)2. The marketplace for Solar Renewable

Will SRECs Save the U.S. Solar Industry?

California may be the America’s reigning Little Germany for PVinstallations, but states with Solar Renewable Energy Credit (SREC)markets may be where new solar dreams are made.   Results from theinaugural SEIA/GTM Research U.S. SolarInsight™ (to be launched at Solar Power International in mid-October) show that the seven states with SREC markets haveinstalled a combined 110

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What Your Solar Installer May Not Have Told You About Massachusetts SRECs

With the arrival of Solar Renewable Energy Credits (SRECs) in Massachusetts, the economic viability of solarhas improved dramatically.  Unlike state and federal rebates and taxcredits, there is still a lot of uncertainty about how much SRECs are worth and how long they will be around. Solar Renewable EnergyCredits (SRECs) are tradeable certificatesthat represent all the

Massachusetts SRECs Explained – Part I

Massachusetts joins other stateslike New Jersey , Pennsylvania, and Maryland in creating an SREC marketin 2010.  However, what sets the Massachusetts SREC system apart is that it is a market driven system that allows flexibility to react to market conditions.   In addition, most of the other states have an SREC system that is based

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New Jersey SREC Program Commended by the EPA

The New Jersey SREC Programwhich has made solar financially viable for many New Jersey residentshas won an award from the U.S. Environmental Protection Agency (USEPA). The SREC program which was established in 2004 and is managed by theBoard of Public Utilities and the New Jersey Clean Energy Program, was recognized by the USEPA’s Clean Air Excellence

SRECs Explained

Even among the solar-savvy, many people do not know what Solar Renewable Energy Credits (SRECs) are or what potentialbenefits they represent. As we’ve mentioned before, SRECs (or often simply RECs) allow generators of renewableenergy to sell credits to businesses like utilities who need them tocomply with government regulations. These credits accrue automaticallyto solar panel owners

Making Money with New Jersey SRECs

In addition to the federalinvestment tax credit, in which 30% of your solar investment can bewritten off against your taxes no matter where you live, states like New Jersey have begun to offer tremendous local incentives for residents to adopt solar lifestyles.  One of those incentives is known as a Solar Renewable Energy Credit (SREC),

New Jersey Solar Rebates, SRECS, and Incentives

New Jersey gets bad wrap about a lotof things.  All those turnpike exits, and that glorious smell as you gopast the oil refineries in the Northern part of the state. But onething you can’t fault the garden state is Solar. In fact, New Jersey isat the top of our 2009 Solar Report Card. It got

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