The Pennsylvania AEPS laws require Public Utilities and Retail Electricity Sellers to purchase Alternative Energy Credits (AECs or SRECs) produced by in-state solar facilities. These entities are obligated to purchase and retire SRECs of an amount equating to 0.5% of the total electricity that they sold to end users on the PJM energy grid.
Flett Exchange brokers the sale of SRECs between you and the energy companies required to buy them.
Pennsylvania has much less aggressive renewable energy targets than neighboring states like NJ and MD. PA's solar target has remained at 0.5% for 10+ years, while other states raise the buying requirement annually.
1 Pennsylvania AEC (SREC) = 1,000 kWh
Pennsylvania SREC: Price EstimatesSRECs will trade in the $15-$25 range unless there is an increase in the yearly buying requirement for energy companies. |
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Annual SREC Income Formula: System Size (kW DC) x 1.25 × $/SREC = Estimated Annual Income
will streamline this entire process for you. If you have a virtual solar meter through a monitoring company such as Enphase, Solar Edge, Tesla etc., we can onboard you in as little as 5 minutes.
If you join REC Manager, you are not under contract for time and are free to switch brokers or self-manage at your discretion.
Start earning money from your solar energy production today. Our team will handle all the paperwork and reporting.
RegisterQuestions? Call us at +1 (201) 209-0234 or email us.