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.

Irradiance
Pennsylvania: 4.3 kWh/m²/day
U.S. avg: 4.82 kWh/m²/day
Electricity rate
Pennsylvania: 16.5¢/kWh
U.S. avg: 15.98¢/kWh
Modeled payback
Pennsylvania: 14.2 yr
U.S. avg: 14.2 yr

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.

-200 MW0 MW200 MW400 MW600 MW800 MW1.0 GW 2008201120142017202020232024 876 MW
Pennsylvania now has about 876 MW of installed solar, the backdrop programs like this one are built on.

Source: U.S. Energy Information Administration, installed solar nameplate capacity As of 2024

Pennsylvania's solar incentive stack

How this srec / renewable credit sits among Pennsylvania's 3 tracked programs, by type

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.

Source DSIRE incentives registry As of 2024

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.

Frequently asked questions

What is the Pennsylvania SREC Market?
The Pennsylvania SREC Market is a srec / renewable credit available to residential solar customers in Pennsylvania. The stated benefit is Market rate ~$35/SREC.
How does the Pennsylvania SREC Market work?
PA solar owners earn SRECs (Solar Alternative Energy Credits) for each MWh produced.
Who is eligible for the Pennsylvania SREC Market?
The program is available to residential customers in Pennsylvania. Check the official program page for current eligibility requirements and deadlines.
How does this incentive affect solar ROI in Pennsylvania?
Pennsylvania has an estimated 14.2-year payback for a 6 kW system before incentives, with about $1,243/year in modeled savings. A srec / renewable credit like this lowers upfront cost or raises annual return, shortening that payback. Run the calculator for a figure based on your own bill.
Are there other solar incentives in Pennsylvania?
Yes - Pennsylvania has 4 solar incentive programs tracked in DSIRE, including PA Solar Energy Property Tax Exemption, PA Net Metering. State programs are designed to stack on top of any available federal solar tax credit rather than replace it.

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.