The DC SACP is set at $500 per SREC through 2023 declining thereafter, as shown below. SREC Useful Life. DC SRECs have a useful life of 5 years (i.e., a 2021 vintage SREC can be counted towards the 2021, 2022, 2023, 2024, or 2025 compliance periods).

A SREC is a market-based instrument that represents the property rights to the environmental, social and other non-power attributes of renewable electricity generation. SRECs are issued when one megawatt-hour (MWh) of solar electricity is generated and can be sold in the SREC market.

In SREC state markets, the Renewable Portfolio Standard (RPS) requires electric suppliers to secure a portion of their electricity from solar generators. The SREC program provides a means for Solar Renewable Energy Certificates (SRECs) to be created, and sold, for every megawatt-hour (MWh) of solar electricity created.

2021年7月14日 · We describe how the District's SREC program works, explore current prices for SRECs, and discuss the future of the SREC program so that you can make a well-informed decision about going solar. Find out what solar panels cost in your area in 2025

6 天之前 · Washington, DC’s solar legislation has made the DC SREC program the strongest in the nation. DC’s renewable portfolio standard (RPS) requires that 100% of the District’s electricity be sourced from renewable energy by 2032 and at least 15% from solar energy by 2041.

2024年8月26日 · If you live directly across the DC/MD Border and your home is connected to the DC grid, it’s possible that you may be eligible for DC SRECs. Check out this map for a better understanding of how far the DC grid reaches into Maryland.

2025年1月19日 · With a powerful combination of federal incentives, local rebates, and one of the country’s most valuable SREC markets, DC homeowners are uniquely positioned to maximize their solar investment in 2025. Understanding these incentives can help you make an informed decision about your solar journey.

Solar Renewable Energy Credits (SRECs) are valuable incentives for any solar project owner, and Sol Systems helps make the process simple and straightforward, providing the highest possible value to customers. It only takes a few steps. Enter and verify your system specifications with the help of your installer.

2024年2月16日 · Simply put, SRECs are one of the most profitable financial incentives for solar in the District — the best SREC market in the United States. What are SRECs? SREC stands for Solar Renewable Energy Credit, and one SREC is equal to one megawatt-hour of electricity generated by the roof solar panels on your home.

2025年3月4日 · The following contracts are available for all solar energy projects in the Washington, D.C. SREC market. To sign up for a new contract or renewal, please email us at [email protected].