Sol Systems, a solar renewable energy credit (SREC) aggregator, has introduced Sol Annuity 10, a new product for Massachusetts solar photovoltaic projects.
Sol Annuity 10 provides a price of $200 per SREC guaranteed for 10 years for any PV system located in Massachusetts. Customers that lock in this price will not have to worry about a potentially volatile SREC spot market as supply increases oor the risk associated with the Massachusetts Clearinghouse, the company says.
Projects that have been constructed or will be constructed in the near future will be given preference, Sol Systems adds.