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
You will receive the lump-sum payment within ten business days of your system being installed, registered, and certified as a renewable energy generator. You may opt to assign the upfront payment directly to your installer so the installer can reduce the initial cost of your installation.