Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, and West Virginia SREC generators can register their solar systems in the District of Columbia. This provides the following SREC sellers the potential to sell their SRECs into the District of Columbia solar market.
However if too many solar generators register to sell their SRECs in a particular state or region an oversupply scenario could occur. Market saturation could diminish SREC demand and depress prices. It is also important to note, that a solar facility generating SRECs outside of Washington, DC and also registered within Washington, DC might not receive the same price of a purely sited Washington, DC SREC.