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The Ohio market is divided between in-state and out-of-state sited systems. Under the RPS rules, at least 50% of the solar requirements must come from in-state sited systems. Under current market conditions, a substantial number of systems from PA and other bordering states without SREC markets look to OH to sell SRECs. This has led to a division of markets which trade differently from one another. Look to PA for a comparison to the out-of-state OH market. For a period of time before January 2011, OH systems were eligible to apply to the DC SREC market.

Markets for OH systems

PA and OH

Tracking Registry


Energy Year

Jan - Dec

Eligible System Locations


Market prices

Solar requirement

Reaching 0.50% of total electricity generated in 2024.

Meter readings

All generators must provide readings for SREC generation.

Eligibility begins

At date of application to the Public Utilities Commission of OH (PUCO)


The Solar Alternative Compliance Payment (SACP) is the penalty price, that power providers must pay per SREC if they are unable to file the required number of SRECs at the end of the compliance period. The OH SACP is set at $300 per SREC for 2013, declining at $50 bi-annually to a minimum of $50 in 2024.

SREC useful life

5 years - a 2014 SREC can be counted towards any RPS requirement from 2014-2018.

Market requirements

The breakdown of the state SREC market requirements as currently set by state legislation.

Energy Year % Solar Requirement Estimated SRECs Required (MWh) SACP
2009 0.004% 5,852 $450
2010 0.010% 15,415 $400
2011 0.030% 46,424 $400
2012 0.060% 91,474 $350
2013 0.090% 135,276 $350
2014 0.120% 182,172 $300
2015 0.120% 183,994 $300
2016 0.120% 185,834 $300
2017 0.150% 234,615 $250
2018 0.180% 284,354 $250
2019 0.220% 351,019 $200
2020 0.260% 418,989 $200
2021 0.300% 488,283 $150
2022 0.340% 558,921 $150
2023 0.380% 630,923 $100
2024 0.420% 704,310 $100
2025 0.460% 779,101 $50
2026 0.500% 855,317 $50
2027 0.500% 863,870 $50
2028 0.500% 872,509 $50

Source: EIA Report "Retail Sales of Electricity by State by Sector by Provider (EIA-861)" updated 3/23/15. Projected SRECs Required utilizes the most recent EIA electricity data applying an average 1.0% growth rate per forecast year. RPS Solar Requirement is multiplied by forecast total electricity sales to arrive at Projected SRECs Required. Projected Capacity Required is based on a factor of 1,200 MWh generated per MW of installed capacity per year. Projected Capacity Required assumes the amount of capacity needed to be operational all year to meet that year's RPS requirements with only current vintage SRECs.

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