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...
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...
The timeline for a commercial solar project in DC and MD can vary depending on the size and complexity of the project, but here is a general example of a typical timeline: Development and Permitting (3-5 months): The development phase involves a structural analysis of...
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...