How can i sell my srecs

The primary benefit of selling your SRECs through an installer or solar financier is that you reduce your risk in exchange for immediate returns. You will likely get a lower payout for an SREC when selling directly to an installer or financing company, but you will get the immediate cash without any uncertainty.

Similar to stock prices, SRECs that are sold through aggregators have volatile pricing and will fluctuate over time. In other words, a state can become a commodity market for SRECs, or an unattractive market, practically overnight. Thus, the pro of using an online aggregator is the potential for greater returns for your SRECs but the con is increased risk.

In general, SREC prices fall each year, although there are always exceptions. This is to be expected as more solar power is installed in each of these states — it signals that there is a greater supply of SRECs in the market, which means that utilities are closer to reaching their RPS goals. Low prices can also indicate that the fines for not submitting RECs specifically for solar are unsubstantial.

Renewable energy credits, or RECs, are commodities that you earn for producing solar energy directly from your rooftop system. SRECs and RECs are awarded each time an energy resource reaches a specific amount of energy production, generally 1, kilowatt-hours, so average residential rooftop systems generally produce between 4 and 12 SRECs a year.

At Sol Systems, we pride ourselves as sophisticated market movers. We are here to guide you with easy to follow steps on how you can start generating additional income through your SRECs:. Sol Systems offers a variety of contract options to ensure your ideal payment options based on your state. What are you waiting for? What is an SREC? Why Sol Systems? In these markets, electric distribution companies and electric generation suppliers must acquire a certain threshold of RECs to meet state compliance.

Compliance market rules vary by state , as do fuel types wind, solar, landfill gas, etc. The Bulletin Board allows buyers and sellers to connect with each other. Agreements through the Bulletin Board are made on a bilateral basis between buyers and sellers.