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).
Payment for Your SRECs
Once you lock into a Sol Annuity-3 year or 5 year solar renewable energy credit (SREC) contract and install your system, you will receive the guaranteed rate for each SREC produced each quarter year-after-year for the contract term.
There are no hidden fees. For example, if you lock into a Sol Annuity-5 year contract for $250 per SREC, you get $250 for each full SREC produced each quarter for 5 years.
Please note that SREC prices for new contracts are subject to change on the 1st business day of each month. To get Sol System’s current SREC prices, please contact your installer and ask how to reduce your solar energy cost with a Sol Systems SREC contract.