Sol Systems Announces a 3 Year, Fixed-Price SREC Offer for Ohio and Pennsylvania Customers

WASHINGTON, Sept. 1 /PRNewswire/ -- Sol Systems, the largest solar renewable energy credit (SREC) aggregator in the nation, is pleased to announce Sol SREC 3, a new product for Ohio and Pennsylvania solar photovoltaic (PV) system owners.  The Sol SREC 3 offer provides a price of $303 per SREC guaranteed for 3 years for any PV system located in either state.  "Sol Systems is continuously identifying new ways we can help residential and commercial customers recoup the costs of their solar PV projects," said Yuri Horwitz, Sol Systems' CEO.  "We are excited about this new product which offers a guaranteed SREC price that is as high, and in some cases higher, than current SREC spot market prices.  Customers that lock in our Sol SREC 3 offer will not have to worry about fluctuating or volatile SREC spot market prices."  

Sol Systems' SREC 3 offer will only be available for a limited time.  Interested parties should contact Sol Systems within the next 30 days to sign up.  In addition to this offer, Sol Systems will continue to offer its standard 5 year fixed price option as well.

Key components of SREC 3 Offer

  • SREC price of $303 is guaranteed for 3 years.
  • Systems as small as 1 kW are eligible.  Systems larger than 500 kW should contact Sol Systems directly.
  • Systems must either be installed currently or installed by November 1, 2010.
  • Offer is not valid for customers that have already signed long-term contracts with aggregators.

About Sol Systems

Sol Systems is a Washington D.C. based solar energy finance and development firm that was built on the principle that solar energy should be an economically viable energy solution.  Sol Systems enables solar developers, homeowners, and businesses to fully realize the value of their solar energy systems by providing them with a range of options for selling their SRECs.  To date, Sol Systems has helped over 1,000 customers with projects ranging from 1 kW to over 1 MW realize the value of their SRECs.  

Sol Systems currently operates in Delaware, Indiana, Kentucky, Maryland, Massachusetts, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Virginia, Washington, D.C., and West Virginia and has partnerships in place with over 100 solar installers and developers.  For more information, please visit www.solsystemscompany.com.  

CONTACT:  Sudha Gollapudi, Director of Strategic Partnerships, Sol Systems, LLC, +1-888-235-1538, Ext. 2, srec3@solsystemscompany.com

SOURCE Sol Systems



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