Upfront or market prices for SRECs?

Upfront or market prices for SRECs?

In Massachusetts with a 8.85kW system, with annual estimated production to be 7600 kWh. Sol Systems gave me an up-front SREC quote for around $7,000. We would put the money back into the house to make some improvements (adding a 2nd bathroom), which seems more tempting to me rather than getting a trickle of funds over the 10 year term. What are all your thoughts?

​

Under SREC II, we're in at the 0.8 rate, meaning I would generate 76MWh over 10 years, approx 60 SRECs. If prices stay around $280, it seems I should reject the upfront offer, but I'm not sure if they'll always be going for $280+, will price go down in later years?

submitted by /u/_potato_123
[visit reddit] [comments] https://ift.tt/2EHi9As

Comments

Post a Comment

Popular posts from this blog

Solar Jobs Resources January 24, 2018 - HELP WANTED / TRAINING AVAILABLE: Must have sunny disposition

Solar Jobs Resources January 24, 2018 - HELP WANTED / TRAINING AVAILABLE: Must have sunny disposition Welcome to the /r/solar job resource post Any and all solar job finding related questions are welcome in this recurring feature post. There are no "stupid" questions. Please help make this post a great resource for the community by offering suggestions for job/help listing sites as well as suggesting links to resources related to solar job training NOTE: We want to keep the reddit overlords happy so make sure you do not add any info to your comment which is specific to you such as the exact location for where you live/work, your email addresses, phone numbers, facebook page, etc. Instead, suggest that folks PM you for more info. Solar Job Sites The following are a small sampling to get this list started. To suggest an addition, add a comment below and include a link. For a site to be considered, it must have listings for multiple solar related jobs on a continual basis. ...
Read more

Solar Supports

Solar Supports I'm looking at installing a solar system at our off grid cabin this spring and I'm trying to come up with a good way to get the panels up high enough to catch decent sunlight. The roof of the cabin is not an option as there are some trees blocking it but I do have a shed that I figure I'd be able to brace the supports to, I can't use the shed roof either as it's facing the wrong direction. A couple neighbors have systems which they've put on poles that go up sort of like a street lamp or flagpole style support which is an option but I thought maybe either a frame like a scaffold kind of thing secured to the back of the shed might be a more sturdy option. What have you guys used to elevate your panels on a standalone frame, or have you seen any companies that sell good kits? I'm in BC in Canada as well. Thanks for reading. submitted by /u/dykehoncho [visit reddit] [comments] https://ift.tt/2C1elG6
Read more

PG&E Aggregate Net Metering Application Help

PG&E Aggregate Net Metering Application Help Earlier this year I completed a ground mount at a ranch in Paso Robles, CA. This ranch has two meters, requiring me to complete the PG&E’s Aggregate Net Metering Agreement. 8 months later my application has been rejected multiple times. I’ve spent dozens of hours on the phone with various support services with no solution. I’ve given it my all. Does anyone have any contacts for professionals who I can hire to complete this process for me? Or any tips for completing this process? Honestly, this issue has become the bane of my existence and I need it solved. Any help is greatly appreciated. Thank you very much submitted by /u/WorldRambler [visit reddit] [comments] https://ift.tt/2NmgN1O
Read more