DC SREC Market
Navigate the District's robust SREC market with SAMS. We help solar owners maximize the value of their solar renewable energy certificates.
The District's SREC Market
—
Per SREC • Indicative
$440
5.00% solar req.
The DC SREC market has remained strong with high prices. In-state systems only (July 2011 legislation)
Market Prices
This graph contains proprietary information from SAMS, Inc. Bid prices and notes are indicative and may change. For current market info or unlisted markets, please contact us directly.
Quick Facts
- In-state only: D.C. legislation (July 2011) restricts participation to District systems.
- DC SRECs have a useful life of 5 years.
- Revenue grade meter and monthly readings required.
Market Requirements
DC SREC market requirements as currently set by city legislation:
Solar Requirement
Reaching 9.00% by 2032. See schedule below for annual targets.
Meter Readings
Revenue grade meter and monthly readings required.
Eligibility Start Date
Based on approval to operate date from the local utility.
SREC Useful Life
DC SRECs have a useful life of 5 years.
SACP & Solar Requirement Schedule
The SACP is the penalty electricity suppliers pay per missing SREC. It sets a price ceiling for SRECs. See the table for annual solar requirements and SACP amounts.
| Energy Year | % Solar Requirement | SACP |
|---|---|---|
| 2023 | 3.00% | $500 |
| 2024 | 3.65% | $480 |
| 2025 | 4.30% | $460 |
| 2026(current) | 5.00% | $440 |
| 2027 | 5.65% | $420 |
| 2028 | 6.30% | $400 |
| 2029 | 7.00% | $380 |