Pennsylvania · SREC / renewable credit · Deep-stack program

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
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Deep-stack program · late directory

Pennsylvania runs a 4-program DSIRE stack; this srec / renewable credit is one layer on a 14.2-year modeled baseline, not the whole story.

  • Stack4 programs
  • In-state #3/3
  • Type #7/7
  • Baseline14.2 yr

In-state directory place #3 of 3 (late alphabet). National srec / renewable credit directory #7 of 7. Amounts and eligibility change; verify with the official program page before relying on a dollar figure. Informational only - not financial advice. See our disclaimer.

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

Solar's trajectory in Pennsylvania

The market this incentive operates in: total installed solar capacity in Pennsylvania reported to the EIA.

0 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 srec / renewable credit layers inside Pennsylvania's deep stack

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.

Pennsylvania bundles a deep incentive stack, so this program rarely stands alone. 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.

Frequently asked questions

Where does the Pennsylvania SREC Market sit in Pennsylvania's deep program stack?
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 this srec / renewable credit work beside Pennsylvania's other programs?
PA solar owners earn SRECs (Solar Alternative Energy Credits) for each MWh produced.
Who qualifies, and what does a late in-state directory place mean?
The program is available to residential customers in Pennsylvania. Check the official program page for current eligibility requirements and deadlines. In-state directory place #3 of 3 (late alphabet).
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.
Which other Pennsylvania programs stack with this one?
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 · Pennsylvania solar data · ROI calculator · All incentives.