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Timeline of a Solar Project

Timeline of a Solar Project

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...
Case Study: SREC Broker Comparison for Washington, DC

Case Study: SREC Broker Comparison for Washington, DC

Honeydew Energy Advisors put together a case study for a client in Washington, DC who wanted to compare their current SREC (Solar Renewable Energy Certificate) broker, Flett Exchange, with a local competitor, Sol Systems. Here is what we found:     Flett...
Why have Maryland SREC’s gone up so much recently?

Why have Maryland SREC’s gone up so much recently?

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...
Why Have DC SREC Prices Fallen by 15% in the Past Year?

Why Have DC SREC Prices Fallen by 15% in the Past Year?

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...