Sol Systems buys all estimated SREC production for a 10-year period and provides customers with a one-time lump-sum amount to pay off installation costs, through the Sol Annuity SREC option that allows customers to lock in the current SREC rate and receive payments for each full SREC produced.
SREC can compose up to 30% of a solar energy system’s payback and through the partnership with Sol Solutions, Standard Solar’s commercial, government and residential customers will have access to SREC pricing and the resources to secure benefit from their SRECs.
Standard Solar is also participating in Sol Lease program designed to help Washington DC homeowners, schools, churches, businesses and non-profits to secure energy from a solar energy system for a 10-year contract term with no up-front costs by paying a fixed, monthly payment.
