North Carolina

Home > Markets > North Carolina

North Carolina accepts SREC registrations from facilities sited in all 50 states. This national acceptance of SREC registrations virtually guarantees that the local SREC program will be oversupplied as long as the market exists.

For a period of time before January 2011, NC systems were eligible to apply to the DC SREC market. Today, systems located in the Dominion Power utility territory of North Carolina may opt to be certified to participate in the PA SREC market. SRECTrade can assist in the registration and management of facilities located in North Carolina that are eligible for the PA SREC market.

Markets for NC Systems

PA (Dominion) or NC

Tracking Registry

NC-RETS or GATS

Energy Year

Jan - Dec

Eligible System Locations

All 50 States

Solar Requirement

Reaching 0.2% of total electricity generated by 2018 (based on 2017 electricity).

Eligibility Start Date

The NC eligibility start date is based on the system’s date of interconnection.

SACP

It is up to the North Carolina Utilities Commission (NCUC) to determine if there will be an SACP or an alternative penalty for non-compliance.

SREC Useful Life

NC SRECs have a useful life of 2 years (i.e., a 2016 NC SREC can be counted towards either 2016 or 2017 compliance).

Market Requirements

NC SREC market requirements as currently set by state legislation:

Energy Year % Solar Requirement
2010 0.02%
2011 0.02%
2012 0.07%
2013 0.07%
2014 0.07%
2015 0.14%
2016 0.14%
2017 0.14%
2018 0.20%
2019 0.20%
2020 0.20%
2021 0.20%

Start trading SRECs today

Manage your SREC portfolio the smart way with SRECTrade's market leading software

Simplicity icon

Simplicity

Manage your facility and SREC portfolio online with full transparency and control over when and how your SRECs are sold.

Transparency icon

Transparency

We don't lock you into a contract to use our service and we don't take a principal position with your SRECs, so you can rest assured we're always targeting the best prices for you.

Opportunity icon

Opportunity

With over 281 MW of solar facilities under management, we're able to access more transaction opportunities for our clients.


Sign up now