SREC Prices by State 2023

Notes:
- SREC is an acronym for Solar Renewable Energy Credits, which are awarded to homeowners who own solar panels and which can be sold to utility companies.
- SRECs are sold through specialized brokers, the two largest of which are SRECTrade and Sol Systems.
- Some states have introduced SREC-II, a modified program in which the value of the SREC is fixed and does not fluctuate with the market.
- Michigan, Indiana, Kentucky, and West Virginia have no SREC market of their own. However, homeowners in certain parts of these states may sell their SRECs on the Ohio market.

CSV JSON

Download Table Data

State	Has SREC Market	SREC Trade ( SREC- I)	Sol Systems (SREC- I)	Sol Systems (SREC- II)	SREC Trade ( SREC- II)
Delaware	Yes	-	$7	-	-
District of Columbia	Yes	$370	$330	-	-
Maryland	Yes	$59	$55	-	-
Massachusetts	Yes	$332	$315	$260	$276
New Jersey	Yes	$233.50	$215	$85	$85
Ohio	Yes	$3.50	$4	-	-
Pennsylvania	Yes	$42	$40	-	-
Virginia	Yes	-	$45	-	-
Indiana	See Ohio	-	-	-	-
Kentucky	See Ohio	-	-	-	-
Michigan	See Ohio	-	-	-	-
West Virginia	See Ohio	-	-	-	-
Alabama	No	-	-	-	-
Alaska	No	-	-	-	-
Arizona	No	-	-	-	-
Arkansas	No	-	-	-	-
California	No	-	-	-	-
Colorado	No	-	-	-	-
Connecticut	No	-	-	-	-
Florida	No	-	-	-	-
Georgia	No	-	-	-	-
Hawaii	No	-	-	-	-
Idaho	No	-	-	-	-
Illinois	No	-	-	-	-
Iowa	No	-	-	-	-
Kansas	No	-	-	-	-
Louisiana	No	-	-	-	-
Maine	No	-	-	-	-
Minnesota	No	-	-	-	-
Mississippi	No	-	-	-	-
Missouri	No	-	-	-	-
Montana	No	-	-	-	-
Nebraska	No	-	-	-	-
Nevada	No	-	-	-	-
New Hampshire	No	-	-	-	-
New Mexico	No	-	-	-	-
New York	No	-	-	-	-
North Carolina	No	-	-	-	-
North Dakota	No	-	-	-	-
Oklahoma	No	-	-	-	-
Oregon	No	-	-	-	-
Rhode Island	No	-	-	-	-
South Carolina	No	-	-	-	-
South Dakota	No	-	-	-	-
Tennessee	No	-	-	-	-
Texas	No	-	-	-	-
Utah	No	-	-	-	-
Vermont	No	-	-	-	-
Washington	No	-	-	-	-
Wisconsin	No	-	-	-	-
Wyoming	No	-	-	-	-

showing: 51 rows