SRECs (Solar Renewable Energy Certificates): What Are They and How Do They Work in the DMV?
If you live in Maryland, Washington D.C., or Virginia and are considering going solar, you may have heard about SRECs. They can seem complex at first, but understanding them is key to maximizing the financial benefits of solar energy. At EDGE Energy, we break it down so you can make the most informed decision about your clean energy future.
What is an SREC?
A Solar Renewable Energy Certificate (SREC) is a tradable credit that represents the environmental value of generating one megawatt-hour (MWh) of electricity from solar panels.
- For every 1,000 kilowatt-hours (kWh) your solar system produces, you earn one SREC.
- These certificates can be sold to utilities or energy suppliers that need them to meet renewable energy requirements.
Translation: your solar panels cut your electric bill and can also create an additional income stream.
Why Do SRECs Exist?
Many states, including Maryland and D.C., have Renewable Portfolio Standards that require utilities to generate or purchase a percentage of electricity from renewable sources like solar. Utilities often buy SRECs from homeowners and businesses to meet those targets. Your system provides clean energy, and you get paid for the credits.
How SRECs Work in the DMV
Washington, D.C.
D.C. has one of the most valuable SREC markets in the country due to aggressive renewable goals. Solar owners can earn meaningful revenue by selling SRECs.
Maryland
Maryland offers an active SREC market with steady demand. Prices are typically lower than D.C. but still contribute to overall system payback.
Virginia
Virginia’s SREC landscape is developing. Homeowners may benefit through specific programs and third-party aggregators that help sell SRECs.
How Do You Sell Your SRECs?
- Sell through an aggregator — A broker handles the sales and can combine your SRECs with others for potentially better pricing.
- Sell directly — Experienced owners may choose to sell on the open market themselves.
EDGE Energy can guide you and connect you with trusted partners so you do not leave money on the table.
The Bottom Line: Why SRECs Matter
- Lower electricity bills
- Federal and state incentives
- Ongoing SREC revenue
In the DMV, these benefits make solar one of the smartest upgrades for your home or business.
Ready to Explore Solar for Your Home?
EDGE Energy has helped Maryland, D.C., and Virginia homeowners and businesses maximize solar savings for years. We design systems that power your property and unlock programs like SRECs so you get the most from your investment.
