[Lincolnparkdc] lincolnparkdc Digest, Vol 81, Issue 70

[Mark Jordan]

I went solar in 2012 and since that time have been paid around $35,000 in
SREC revenue for doing nothing at all.....the return on investment is
impressive.

Selling your SRECS to the installer is an option if you are not in a
position to or don't want to lay out the capital.  But just make sure you
understand what the terms of the contract are if you want to sell your
property because the installer will have an interest in the solar array on
your roof.

On Wed, Jun 25, 2025 at 4:09 PM DIana Quinn <dqquinn at gmail.com> wrote:

> Thanks, Roxanne, that’s very helpful!
> Diana
>
>
>
>
>
> Sent from an iPhone, which tortures me with involuntary and incorrect
> auto-corrections.
>
> On Jun 25, 2025, at 1:12 PM, Roxanne Walker <rw99dc at gmail.com> wrote:
>
> 
> 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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