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.
Markets for NC Systems
Eligible System Locations
Reaching 0.2% of total electricity generated by 2018 (based on 2017 electricity).
The NC eligibility start date is based on the system’s date of interconnection.
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.
NC SRECs have a useful life of 2 years (i.e., a 2016 NC SREC can be counted towards either 2016 or 2017 compliance).
NC SREC market requirements as currently set by state legislation:
|Energy Year||% Solar Requirement|
Manage your SREC portfolio the smart way with SRECTrade's market leading software
Manage your facility and SREC portfolio online with full transparency and control over when and how your SRECs are sold.
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.
With over 495 MW of solar facilities under management, we're able to access more transaction opportunities for our clients.