SREC Prices by State 2023

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.

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State
Has SREC Market
SREC Trade ( SREC- I)
Sol Systems (SREC- I)
Sol Systems (SREC- II)
SREC Trade ( SREC- II)
DelawareYes-$7--
District of ColumbiaYes$370$330--
MarylandYes$59$55--
MassachusettsYes$332$315$260$276
New JerseyYes$233.50$215$85$85
OhioYes$3.50$4--
PennsylvaniaYes$42$40--
VirginiaYes-$45--
IndianaSee Ohio----
KentuckySee Ohio----
MichiganSee Ohio----
West VirginiaSee Ohio----
AlabamaNo----
AlaskaNo----
ArizonaNo----
ArkansasNo----
CaliforniaNo----
ColoradoNo----
ConnecticutNo----
FloridaNo----
GeorgiaNo----
HawaiiNo----
IdahoNo----
IllinoisNo----
IowaNo----
KansasNo----
LouisianaNo----
MaineNo----
MinnesotaNo----
MississippiNo----
MissouriNo----
MontanaNo----
NebraskaNo----
NevadaNo----
New HampshireNo----
New MexicoNo----
New YorkNo----
North CarolinaNo----
North DakotaNo----
OklahomaNo----
OregonNo----
Rhode IslandNo----
South CarolinaNo----
South DakotaNo----
TennesseeNo----
TexasNo----
UtahNo----
VermontNo----
WashingtonNo----
WisconsinNo----
WyomingNo----
showing: 51 rows

SREC Prices by State 2023

Sources