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.
