SRECs Explained — Solar Renewable Energy Credits
Published 2026-02-20 · Updated 2026-07-07 · MySunROI Research Team
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SRECs (Solar Renewable Energy Credits) are tradable certificates earned per MWh produced in some states — NJ, MA, PA, MD. They add $500–$2,000+/year income in active markets.
How SRECs work
Utilities buy SRECs to meet renewable mandates. Homeowners sell credits through aggregators.
Active SREC markets
- New Jersey — mature market
- Massachusetts — SMART program related
- Pennsylvania — lower SREC values
- NJ incentives
Solar costs by state
Frequently Asked Questions
Do all states have SRECs?
No — only states with renewable portfolio standards and SREC programs.