Solar Renewable Energy Credits

Sol Systems is one of the oldest SREC aggregators in the United States, offering best-in-class SREC monetization solutions to solar homeowners and asset owners.

Simplifying the Process

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.

Register

Enter and verify your system specifications with the help of your installer.

Generate

You earn an SREC when your system produces 1,000 kWh of electricity, typically every month or two.

Receive Payment

Receive SREC payments at your selected lock-in rate or the market rate via direct deposit or check.

Choose How You Get Paid

Sol helps clients achieve their sustainability needs through customized renewable energy credit solutions that provide key financing for renewable energy projects.

Sol Upfront

Receive one lump-sum payment by calculating its expected production.

Sol Annuity

Guaranteed, fixed payments for your SRECs, typically in 3-5 year strips, allowing customers to insulate themselves from potential market fluctuations over the life of the contract.

Sol Profit Share*

Guaranteed price floor per commodity with potential to profit on market upside by sharing profit with Sol Systems above a set strike price. Profit share combines the security of the Sol Annuity contract while retaining an opportunity to profit when prices rise.

*Sol Profit Share is currently not available in DE and MA

Sol Brokerage

Sell your commodities at the highest possible market rate each quarter, but with higher exposure to any market fluctuations.

SREC Pricing Options

For more information on the Washington D.C. SREC market, learn more at our help center.

December 2023 SREC Contract Options

Sol Upfront

$1,480 per kW

A one-time, lump-sum payment for 15 years of SREC production

Sol Profit Share *

$370 + 50% of profit above $370

Minimum price and profit share guaranteed through 12/31/2025

Sol Annuity

$415

Rate guaranteed for 3 years

Sol Brokerage

$430

Variable rate per SREC based on market pricing

* Sol Profit Share term begins with current year vintage and runs through December 31, 2025.

For more information on the Massachusetts SREC market and SMART program, learn more at our help center.

December 2023 SREC I Contract Options (interconnected before 04/2014)

Sol Annuity

$303

Rate guaranteed for 3 years

Sol Brokerage

$300

Variable rate per SREC based on market pricing

December 2023 SREC II Contract Options (interconnected on or after 04/2014)

Sol Annuity

$230

Rate guaranteed for 3 years

Sol Brokerage

$242

Variable rate per SREC based on market pricing

December 2023 Class I Contract Options (interconnected on or after 04/2014)

Sol Upfront

$160

Rate in $/kW

Sol Annuity

$37.50

Rate guaranteed for 3 years

Sol Brokerage

$38.50

Variable rate per SREC based on market pricing

For more information on the Maryland SREC market, learn more at our help center.

December 2023 SREC Contract Options

Sol Upfront

$205 per kW

A one-time, lump-sum payment for 15 years of SREC production

Sol Profit Share *

$40 + 50% of profit above $40

Minimum price and profit share guaranteed through 12/31/2025

Sol Annuity

$52

Rate guaranteed for 3 years

Sol Brokerage

$59

Variable rate per SREC based on market pricing

* Sol Profit Share term begins with current year vintage and runs through December 31, 2025.

For more information on the New Jersey SREC market, learn more at our help center.

December 2023 SREC Contract Options

Sol Profit Share *

$170 + 50% of profit above $170

Minimum price and profit share guaranteed through 12/31/2025

Sol Annuity

$185

Rate guaranteed for 3 years

Sol Brokerage

$209

Variable rate per SREC based on market pricing

* Sol Profit Share term begins with current year vintage and runs through December 31, 2025.

For more information on the Delaware SREC market, learn more at our help center.

December 2023 SREC Contract Options

Sol Brokerage

$8

Variable rate per SREC based on market pricing

For more information on the Ohio SREC market, learn more at our help center.

December 2023 SREC Contract Options

Sol Profit Share

$3.75 + 50% of profit above $3.75

Minimum price and profit share guaranteed through 12/31/2025

Sol Brokerage

$4.25

Variable rate per SREC based on market pricing

For more information on the Pennsylvania SREC market, learn more at our help center.

December 2023 SREC Contract Options

Sol Upfront

$140 per kW

A one-time, lump-sum payment for 15 years of SREC production

Sol Profit Share *

$23 + 50% of profit above $23

Minimum price and profit share guaranteed through 12/31/2025

Sol Annuity

$29.50

Rate guaranteed for 3 years

Sol Brokerage

$31

Variable rate per SREC based on market pricing

December 2023 Tier 1 Contract Options

Sol Upfront

$135 per kW

A one-time, lump-sum payment for 15 years of SREC production

Sol Profit Share *

$22 + 50% of profit above $22

Minimum price and profit share guaranteed through 12/31/2025

Sol Annuity

$28.50

Rate guaranteed for 3 years

Sol Brokerage

$30

Variable rate per SREC based on market pricing

* Sol Profit Share term begins with current year vintage and runs through December 31, 2025.

For more information on the Virginia. SREC market, learn more at our help center.

December 2023 SREC Contract Options

Sol Upfront

$165 per kW

A one-time, lump-sum payment for 15 years of SREC production

Sol Profit Share *

$25 + 50% of profit above $25

Minimum price and profit share guaranteed through 12/31/2025

Sol Annuity 3

$33

Fixed price through Dec 2024 (2021-2024 SREC Vintages)

Sol Annuity 5

$30

Fixed price guaranteed for 5 years

Sol Brokerage

$33

Variable rate per SREC based on market pricing

* Sol Profit Share term begins with current year vintage and runs through December 31, 2025.

Residential Installer Partnerships

We provide solar installers with the certainty that their customers’ RECs are in capable hands, making a potentially painful process into an exciting opportunity for customers.