Net Metered or NEM systems are the most common grid-direct (no batteries) solar PV system. These systems feed power to a single meter. Currently in DC, the total amount of energy the system produces may be no more than the meter consumes over the course of a year. If...
Over the past 10 years, chiropractors have been raking it in from treating whiplash from those watching the Maryland SREC market. In 2009, MD SREC prices rivaled their neighbor DC at $325 per megawatt hour. This value was slashed in half over the next 5 years as the...
Many critics of the American approach to renewable energy deployment correctly point to its regressive nature. Specifically, the beneficiaries of federal and local subsidies to solar energy systems tend to be wealthy. After all, until recently, you need to own the...
On January 18, Mayor Muriel Bowser signed the “Clean Energy D.C. Omnibus Act of 2018,” a bold climate bill unanimously passed by the D.C.Council on December 18. With 74% of DC’s emissions coming from buildings, property owners across the District will soon be...
On Tuesday, November 27th 2018, DC City Council voted unanimously to move forward the most ambitious bill to combat climate change in the nation. A second vote to bring the The Clean Energy Omnibus Amendment Act of 2018 into law will occur later in December, per the...
SRECS, or Solar Renewable Energy Credits, are the most important incentive for DC’s solar market. The revenue generated from their sale is about three times greater than the value of the underlying electricity. Solar PV System owners are awarded SRECs through Pepco...
