The 30% Investment Tax Credit (ITC) transformed solar projects in DC, reducing costs and speeding up the shift to renewable energy. Additionally, this tax credit has shortened payback periods for condos owning solar systems and increased the prevalence and ability of...
As Washington, DC strives toward its ambitious clean energy goals, Mayor Bowser’s recent budget proposal for Fiscal Year 2024 and 2025 proposes policy changes that could do serious damage to the local solar landscape by causing DC’s Solar Renewable Energy Credits...
Washington D.C.’s Building Energy Performance Standards (BEPS) set a threshold for building energy efficiency, measured by the Energy Star Score. Surprisingly, using natural gas on-site can boost this score more than using an equivalent amount of electrical...
One of the most potent drivers of the current solar boom in the DMV are Solar Renewable Energy Credits, or SRECs. Currently, only 8 states nationwide have SREC marketplaces, and our local markets are among the most robust. For those unfamiliar with SRECs, please...
For many years, many Maryland residents have been able to take advantage of the sky high value of DC SRECs as they are connected to the DC PEPCO feeder line, even though they live on the other side of the District Border. This party appears to be coming to an end...
On the local level, the Building Energy Performance Standards CREF Amendment Act of 2022 and the Local Solar Expansion Amendment Act of 2022, if passed in the current form, could lead to push up values of SRECs (Solar Renewable Energy Credits) for the next few...