[Lincolnparkdc] lincolnparkdc Digest, Vol 81, Issue 70

[Roxanne Walker]

Diana-

Go to https://doee.dc.gov/node/1226501. If your income is low, panels are
installed free or at reduced cost. Also, if you don't qualify for reduced
cost, it may be still worth doing the free install by selling your Solar
Energy Renewable Credits (SRECs) to the installer. The site also has an
option to apply for a Community Solar subscription to lower energy costs
(for renters, condo and apartment dwellers, and homeowners).

Remember: The electricity produced by the panels directly reduces your
Pepco bill. Our power bill for May was $13! Last year (before the panels)
it was $125.

The SRECs are paid for every 1 MWh produced. In the 11 months since our
16-panel system was installed, we have produced 8.3 MWh.
The current price for an SREC is $400/MWh (it fluctuates), so that could be
about $3,000/yr you'd be losing for the life of the system.
But the Pepco savings are good and the system will increase the value of
your house.
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