If you’ve noodled around on the Web looking for information on residential solar energy systems, you may have come across something called a “Solar Renewable Energy Credit” — or SREC (pronounced “S wreck“) for short. Since SRECs help make solar panels a great investment in some states, we figured it might be helpful to explain [...]

Hooray for the Garden State! We are happy to say that as of September 1st, New Jersey residential solar rebates are back. New Jersey is offering $0.75 per watt for systems as large as 7.5 kilowatts (kW). Systems larger than 10 kW are currently not eligible for rebates, and neither are commercial systems. Despite its [...]

Once again, New Jersey’s solar boat has been rocked: due to revisions to a previously approved budget, the state’s Clean Energy Rebate will not accept new applications for the month of April, and all applications currently in queue will be frozen until the program reopens in May. If the solar rebate is reduced from current [...]

Over the last few years, the largest sporting event in the United States has shown some awareness of the enormous draw it makes on energy resources wherever it’s hosted. Yesterday’s 44th Super Bowl, accordingly, was the greenest yet: Florida Power & Light Group’s (NYSE: FPL) subsidiary NextEra Energy supplied the NFL with enough renewable energy [...]

As part of the Bay State’s Green Communities Act, investor-owned utilities must solicit bids for 10-15 year renewable energy production contracts at least twice in the next four years. The first round of solicitations–for 750,000 MWh–is being organized by the Massachusetts Department of Energy Resources (DOER). The state’s Renewable Portfolio Standard requires electricity suppliers to include [...]

Beginning in late January, Massachusetts will once again be accepting applications for the Commonwealth Solar Rebate Program. The press release from Governor Deval Patrick’s office laid out the next phase for solar in the state: …the new programs – Commonwealth Solar II and Commonwealth Solar Stimulus – will begin accepting rebate applications from residents and [...]

PSE&G will fund 51 more MW of solar installations with their expanded Solar Loan II Program.

Solar Renewable Energy Certificates (SRECs) are a mechanism designed by policymakers to ensure that a certain amount of solar energy capacity is installed in a designated area.  One solar REC is created for every one MWh of solar energy produced.  Some sort of compliance mechanism is generally established to ensure that producers or generators of [...]

Pennsylvania has approved Peco Electric Co. for a plan to purchase 80,000 Solar Renewable Energy Credits over the next ten years.

After a tumultuous 2008 funding cycle, New Jersey has made over $27 million available in rebates for residential and commercial consumers looking to install solar electric systems in the state. The application window is February 2-April 30, 2009.