Sol Annuity

A Fixed Payment You Can Count On

Sol Annuity provides a fixed, quarterly payment for each full SREC produced.  This option removes SREC price volatility, and provides you with a steady income stream over a 3 or 5 year contract term. Additionally, we have limited availability for a 10-year agreement in Massachusetts. 

As spot market prices change (and decrease) over time, Sol Annuity gives you consistent, guaranteed income. You can match this cash flow against a solar financing payment, such as a loan or solar power purchase agreement (PPA).

How it Works

1.   Sign Up and Lock in Your Rate: Visit Sol Systems’ website and enter the requested details.  When you are done, you will be emailed a copy of our contract.  If you do not have all the system details, please work with your installer to get all of the information. 

2.   Return Contract: You will have 14 days to sign and return a contract to Sol Systems once it has been generated.  You may email, fax, or mail a   contract to us, whichever is most convenient for you.

Email: info@solsystemscompany.com

Fax:    (360) 935-7860

Mail:   1380 Monroe St. NW #180 / Washington DC 20010

3.   Install the System: After you have submitted your contract to Sol Systems, you will have four weeks to finalize system installation.  This time horizon is necessary to assure that SREC prices do not change.  If your system is not installed within four weeks, your SREC rate may be subject to any monthly pricing changes.

4.   Track System Status: You may log in to your customer account to track the status of your system.  You will be able to see whether we have received your signed contract, whether we have completed our internal review, submitted state paperwork, etc.  Please keep in mind that it can take 4-6 months to register with all regulatory agencies.

5.   Receive Your Payment: At the end of each quarter, you’ll receive a payment for each full SREC produced in the quarterly period.   (Please note it may take a few months before you receive your first payment because SRECs are generated one month after the energy is produced. For example, if you produce 1 MWh of solar energy in March, 1 SREC will be posted to your account on April 30th, and that SREC can be sold in May.)

If your system is located in the PJM territory, you will be paid according to the schedule below:

If your system is located in the NEPOOL territory (Massachusetts), you will be paid according to the schedule below.

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