You are not required to sell your SRECs or participate with Carbon Solutions if you decide to sell but depending on your system size and the contract option that you choose, you may qualify for an upfront payment of $500-$2500 or annual payments that vary with the market price.
If you do agree to a contract, then you would be agreeing to:
- Provide meter readings from your array on a consistent basis for the term of your contract. Online monitoring may satisfy this.
- Notify CSG if you move or transfer rights.
It should be noted that for homeowners considering the SREC market, you are only eligible to sell SRECs if you own your solar panels outright. If you choose to finance your solar system with a lease or power purchase agreement, you will not be eligible for this incentive.