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...
OK, let’s admit it, we’ve become a bit unaccustomed to good news emanating from Washington, DC. But, this week we have a reason to be excited: the Inflation Reduction Act is set to dramatically incentivize investment in new solar PV systems. The Inflation Reduction...
Serving on the Board of a Condo, HOA or Co-op is an extremely important responsibility that can often feel thankless or under-appreciated. Too often the only time people notice your efforts is when someone has a complaint. At Honeydew, we work day in and day out with...
As readers of the blog know, there are several key factors that explain the price of SRECs (Solar Renewable Energy Credits). One of these factors is the Solar Alternative Compliance Payment (SACP). The SACP is the fee that energy retailers (like Pepco and...