Tag Archives: srecs

About solar incentives

srecs in massachusetts

SRECs in Massachusetts: prices and program status

Reading Time: 4 minutes

The Massachusetts solar renewable energy certificate (SREC) program is one of the most advantageous financial incentives for solar available at the state level. Massachusetts property owners who buy and install a solar panel system can earn hundreds (or even thousands) of dollars a year by selling the SRECs the system generates.

Continue reading

solar panels for businesses

Solar Panels for Businesses: Does Commercial Solar Make Sense?

Reading Time: 5 minutes

If you’re a business owner, the concept of “solar panels for businesses” might seem like a risky move in a complex and confusing market. You may have heard about major Fortune 500 companies going solar, but thought that it might not be feasible for your organization. Maybe you’re considering installing solar panels at some point in the distant future, when your organization can afford to make a major investment in something that seems like an environmental “good” rather than a strategic financial decision.

Continue reading

buy now or wait for solar

Should I go solar now or wait?

Reading Time: 4 minutes

For those asking themselves “should I go solar”, the cost of solar installation has fallen every year, and 2017 was no different. According to the Solar Energy Industries Association (SEIA), installing a residential solar energy system cost 1.6 percent less than in 2016, which is great news for today’s solar shoppers. But the ever-decreasing costs of solar create a conundrum: should I go solar now or wait? For many, daily headlines that declare lower and lower prices can stir them to action. For others though, these same headlines can cause them to wait a few more years in hopes of saving even more money. So who’s right?

Continue reading

srec prices ma nj and dc

2018 SREC Prices: Explaining How to Sell Your RECs in the U.S.

Reading Time: 3 minutes

What are SRECs?

If you’ve been researching the best solar energy incentives available in 2018, you have likely heard something about solar renewable energy credits (SRECs). SRECs are a tradable commodity that you obtain from owning a solar panel system and producing clean energy. Because of a common state requirement known as the Renewable Portfolio Standard (RPS), utilities in 38 different states must generate a certain percentage of their energy from renewable sources, typically at least 20 percent. In 6 states and Washington D.C., the RPS specifies that a certain percentage of the renewable energy produced must come from solar power. States with this type of “solar carve out” are willing to pay significant amounts of money to take credit for the power generated by solar homeowners.

Continue reading

Massachusetts solar incentives with energysage

Are Massachusetts’ solar incentives the best in the country?

Reading Time: 3 minutes

When you think of Massachusetts, you may think of the historical city of Boston, its championship sports teams, or distinctive pronunciation of the letter “R”. Now, it’s time to add a new association to the list because Massachusetts solar incentives and programs are now considered some of the best in the country. In this article, we break down these incentives and explain why solar panels are such a great investment in Massachusetts in 2018.

Continue reading

srectrade overview

SRECTrade: everything you need to know about the leading SREC aggregator

Reading Time: 4 minutes

Solar energy renewable certificates (SRECs) are some of the most attractive solar incentives available in the United States. Many states with renewable portfolio standards (RPS) have special “solar carve outs” that require a certain amount of energy production to come from solar. These states use SRECs as a way to promote solar installations and compensate system owners for the energy their panels generate.

Continue reading

solar massachusetts smart

Solar Massachusetts Renewable Target (SMART): Massachusetts’ SREC II replacement program

Reading Time: 5 minutes

Massachusetts has always been one of the best states for solar. Not only does the Bay State have the high electricity rates that lead to a short payback period for your solar investment – it also has a history of having strong solar incentives for property owners looking to own a solar panel system.

Continue reading

illinois srec program

Illinois SREC program: changes coming for SRECs in IL

Reading Time: 4 minutes

The best states to go solar aren’t always the sunniest; those who benefit the most from installing a solar PV system for their home spend a lot in electricity and live in a state with good solar incentives.

Illinois may not have the year-round sunshine of the Southwest, but it does have a great solar market because of the available financial incentives. In addition to the 30 percent federal solar tax credit for solar system owners, Illinois residents can receive additional financial benefits through the state’s solar renewable energy certificate (SREC) market.

Continue reading

SRECs in New Jersey: prices, projections, and program status

Reading Time: 2 minutes

The New Jersey solar renewable energy certificate (SREC) program is one of the most lucrative financial incentives for solar available at the state level. New Jersey property owners who buy and install a solar panel system can earn hundreds (or even thousands) of dollars a year by selling the SRECs the system generates.

Continue reading