What Contract Options do we offer?
Full Upfront - One Upfront Lump-Sum Payment
This option is one payment upfront. This is a “pre-payment” for 25 years of SRECs generated. We calculate this payment based on your DC size. Payment occurs within 60 days of all registrations being approved and the first REC being delivered.
Short Term Locked-In Rate - Fixed Price per SREC with a shorter term
This option has a locked-in price per SREC and offers a shorter term. You will be paid annually between December and February based on your previous year’s actual production.
Market-Based - Current Market Rate Minus Commission
The timing and amounts of the payments will fluctuate with the market. We will sell your SRECs (based on the actual production) at least twice per year. Payments will be made within 45 days of the sale of the SREC, and a set commission will be deducted from your payment.