SREC Customers

Ohio

Ohio SRECs have fallen significantly in value due to an oversupply in the market. Since the renewable portfolio standard (RPS) freeze in 2014, prices have remained relatively low. The legislature continues to attempt to dismantle the RPS year-over-year despite the fact that Ohio has one of the most modest renewable portfolio standards in the country. To date, attempts at a repeal have not been successful.

Systems in Ohio, Pennsylvania, West Virginia, Michigan, Indiana, and Kentucky are eligible to sell SRECs in the Ohio market.

Contract Options

We are currently offering only the Brokerage contract in Ohio. You can learn more about our contract options here. Contract options and pricing are subject to change on a monthly basis.

Solar installers interested in receiving up-to-date monthly pricing, can subscribe to our Sol Circuit newsletter by visiting our contact us page.

To register a solar energy system for Sol Systems’ SREC services, visit our registration page. You can also contact our team with any questions. We’d be happy to help.

July 2017 Contract Options
Sol Brokerage Last sale: $5/SREC

Ohio’s Alternative Energy Portfolio Standard

  • Ohio’s renewable portfolio standard (RPS) requires that 12.5% of the state’s electricity be sourced from renewable energy by 2026, with a 0.5% carve-out specifically for solar energy.
  • The solar alternative compliance payment (SACP), the penalty fee levied on compliance buyers who do not meet the state’s solar targets, is currently set at $250 per megawatt hour (1000 kWh) and will decrease by $50 every two years until 2026, at which point it will remain at $50. However, given the tremendous oversupply in the market, the SACP is not a driver of price, and utilities will likely never have the need to pay the SACP.
  • SRECs up to five years old can be sold in the Ohio market.
  • For more details on Ohio’s regulations, see the Public Utilities Commission (PUCO) website.

Registration Guidelines

  • Customers must submit a copy of the customer’s signed interconnection agreement, a signed contract, and photos of both the array and meter before we can register the system.
  • Upon receipt of all documentation, Sol Systems will register a customer’s solar energy system with the Ohio Public Utilities Commission (PUCO) and the Generation Attribute Tracking System (GATS), the regulatory body that mints SRECs.
  • Sol Systems does not charge a registration fee.
  • The registration process with both the Ohio PUCO and GATS generally takes up to 4 months.
  • In Ohio, SREC eligibility dates back to the solar energy system’s interconnection date, so long as the system is registered with the PUCO within that same month. Systems not registered within the same month will be eligible for SRECs from the first day of the month in which they are registered.
    • For example, a solar energy system interconnected on January 1st, 2017 and registered on January 20th, 2017 will receive credit back to January 1st, 2017.
    • Alternatively, a system interconnected on February 5th, 2017 but registered in March 2017 will be eligible back to March 1st, 2017.
  • Systems smaller than 6kW in Ohio that do not have a revenue grade solar meter have production estimated by GATS. Therefore, they do not need to submit monthly readings. Systems that are larger than 6kW are required to have a dedicated revenue grade solar meter, and generation data must report from this meter.
  • Only photovoltaic systems are eligible for SRECs in the Ohio market. Solar thermal systems and other renewable facilities are not eligible.
  • Please note that Sol Systems only works with customers whose installer has an existing relationship with our company. To find out if your installer works with Sol Systems, please contact your installation company.
  • Payment Timeline

    Sol Systems makes payments to customers on a quarterly basis according to the following schedule.

    Generation Quarter SREC Payment
    Q1: January, February, and March May
    Q2: April, May, and June August
    Q3: July, August, and September November
    Q4: October, November, and December February

    For example, on the last business day in May, Sol Systems will issue payments to customers whose energy production passes a 1000 kWh threshold in Quarter 1 (January-March) and their SREC has sold.

    Sol Systems customers can receive their payment via paper check or direct deposit.

Monetize Your SRECs Today


Get the most from your SRECs by signing up with Sol Systems today.

Sign Up

Sol Systems Blog

View All
Blog Sara Rafalson | April 19, 2017

The Sol SOURCE, April 2017

The Sol SOURCE is a monthly journal that our team distributes to our network of clients and solar stakeholders. Our newsletter contains…
Read More
Blog Sara Rafalson | March 20, 2017

The Sol SOURCE, March 2017

The Sol SOURCE is a monthly journal that our team distributes to our network of clients and solar stakeholders. Our newsletter contains…
Read More
Blog Sara Rafalson | March 20, 2017

Nuclear and the State Clean Energy Standards – Better Together?

New York’s Clean Energy Standard – issued last August – set an interesting precedent: the state would move to 50%…
Read More