Pennsylvania · SREC / renewable credit
Pennsylvania SREC Market
Lets residential solar owners in Pennsylvania sell credits for the power their system generates -- see the market rate, eligibility, and payback impact below.
- Market rate ~$35/SREC
- stated benefit
- Residential
- eligible customers
- 14.2 yr
- Pennsylvania baseline payback
- 3
- other Pennsylvania programs
What it means
In Pennsylvania, a 6 kW system already pays back in about 14.2 years on ~$1,243/year of modeled savings, and the Pennsylvania SREC Market stacks on top of that, on top of any federal credit.
- Market rate ~$…
- stated benefit
- 14.2 yr
- baseline payback (pre-incentive)
- 4
- Pennsylvania programs that stack
- full
- net-metering policy
Payback and savings are modeled from public NREL/EIA data; the program benefit is summarized from DSIRE and may change.
Program description
PA solar owners earn SRECs (Solar Alternative Energy Credits) for each MWh produced.
Program at a glance
- Program type
- SREC / renewable credit
- Eligible customers
- Residential
- Stated benefit
- Market rate ~$35/SREC
- State electricity rate
- 16.5¢/kWh
- Pennsylvania solar score
- 24/100
How Pennsylvania compares to the U.S. average
Why this incentive matters more (or less) here - Pennsylvania's solar fundamentals against the national average.
Source: NREL irradiance and U.S. EIA rates; payback modeled by PlainSolarData. Bars are scaled to the larger of the two values per metric.
Solar's trajectory in Pennsylvania
The market this incentive operates in: total installed solar capacity in Pennsylvania reported to the EIA.
Pennsylvania's solar incentive stack
How this srec / renewable credit sits among Pennsylvania's 3 tracked programs, by type
- Tax exemption
Tax exemption
1 programs
- Net metering
Net metering
1 programs
- SREC
SREC
1 programs
What this shows Of Pennsylvania's 3 tracked incentive types, 1 are SREC/renewable-credit programs -- an ongoing revenue stream from generation, distinct from the state's other stacked incentive types.
How this incentive fits Pennsylvania's solar picture
The Pennsylvania SREC Market lets Pennsylvania solar owners sell renewable energy credits generated by their system, tracked as a solar incentive in DSIRE. Eligibility is scoped to residential customers, with a stated benefit of Market rate ~$35/SREC. DSIRE lists no scheduled sunset, though enabling legislation and appropriations can still be revised year to year.
That baseline is slower than most states, which raises the stakes for every incentive on the table. Pennsylvania averages 4.3 kWh/m²/day of usable sunlight and residential rates of 16.5¢/kWh, producing an estimated 7,534 kWh/year and $1,243 of annual utility offset on a typical 6 kW system costing $17,700. That baseline already implies a 14.2-year simple payback and a 25-year modeled net of roughly $13,375 before this incentive - every dollar this srec / renewable credit delivers compresses that payback further.
A handful of other levers are worth checking alongside this one. Pennsylvania has 4 solar incentive programs indexed in DSIRE, including adjacent options like PA Solar Energy Property Tax Exemption, PA Net Metering. The state's net-metering policy is classified as full, which governs how excess generation is credited and often decides whether a given program is worth claiming for a specific household.
Your next step
- See Pennsylvania's full solar profile, score, irradiance, rates, payback, and every program you can claim. Pennsylvania solar data
- Run the savings calculator with your real bill to see how this incentive changes your own payback. ROI calculator
- Understand how SREC income works before you count on it. SRECs explained
Estimates here are modeled from public data and are not financial advice; confirm program terms and your own eligibility before relying on a dollar figure.
Other Pennsylvania incentives
Frequently asked questions
What is the Pennsylvania SREC Market?
How does the Pennsylvania SREC Market work?
Who is eligible for the Pennsylvania SREC Market?
How does this incentive affect solar ROI in Pennsylvania?
Are there other solar incentives in Pennsylvania?
Incentive data from the DSIRE (Database of State Incentives for Renewables & Efficiency); state solar economics from NREL and the U.S. EIA. See our methodology.