Rebates

Note:  In 2010, the Federal Housing Finance Agency (FHFA), which has authority over mortgage underwriters Fannie Mae and Freddie Mac, directed these enterprises against purchasing mortgages of homes with a PACE lien due to its senior status above a mortgage. Most residential PACE activity subsided following this directive; however, some residential PACE programs are now operating with loan loss reserve funds, appropriate disclosures, or other protections meant to address FHFA's concerns. Commercial PACE programs were not directly affected by FHFA’s actions, as Fannie Mae and Freddie Mac do not underwrite commercial mortgages. Visit PACENation for more information about PACE financing

HB 1297, enacted in March 2015, provides an option for the local governing body of any county, city, or town to impose a different property tax on renewable energy generating machinery and tools than other normal use machinery. The rate of property tax imposed must not exceed that is applicable to the general class of machinery and tools. 

Renewable energy means energy derived from sunlight, wind, falling water, biomass, sustainable or otherwise (definitions liberally constructed), energy from waste, landfill gas, municipal solid waste, wave motion, tides, or geothermal power and does not include energy derived from coal, oil, natural

Note: This program has reached its budget cap 

In May 2005, Washington enacted Senate Bill 5101, establishing production incentives for individuals, businesses, and local governments that generate electricity from solar power, wind power or anaerobic digesters. The incentive was amended by Senate Bill 6658 in June 2010. The incentive amount paid to the producer varies by the use case for the system and the fiscal year in which the system is installed. 

Ownership of the renewable-energy credits (RECs) associated with generation remains with the customer-generator and does not transfer to the state or utility.

The state's utilities will pay the

NOTE: The 2024 SREC Procurement Results were posted. The overall weighted average for the solicitation was $43.80 per SREC. 

Delaware Solar Renewable Energy Certificate (SREC) Procurement Program is designed to assist in the creation of a market for SRECs and to provide a mechanism for the procurement of SRECs to ensure that retail electricity suppliers meet the requirements set forth in Delaware's Renewable Energy Portfolio Standards Act (REPSA).

The program utilizes a public solicitation for SRECs for different tiers of solar generators based on capacity. The Sustainable Energy Utility (SEU), contracted with InClime, will administer all aspects of the

NOTE: While interested parties can still trade DE SRECs in the spot market, the spot market in itself is limited since most of the SRECs produced are part of the SREC Purchase Program, or the SREC Procurement Program. The price for DE SRECs are usually similar to PA SRECs prices. 

Delaware Renewable Portfolio Standard (RPS) requires the retail electricity suppliers to purchase 25% of the electricity sold in the state from renewable sources by 2025. The RPS also includes special provision that requires 3.5% of renewable energy goal to be met with solar photovoltaic (PV) resources. The RPS

Note: The competitive solicitation process for 2022 ended on October 14th at 5:00pm. Check the website for more details on future solicitations.

Solar Renewable Energy Credits (SREC) Delaware

In Delaware, the Renewable Portfolio Standard (RPS) requires electricity suppliers to secure a portion of their electricity from solar generators. The SREC program provides a means for Solar Renewable Energy Credits (SRECs) to be created for every 1000 kilowatt watt-hours of solar electricity created.

The SREC is sold separately from the electricity and represents the “solar” aspect of the electricity that was produced. The value of an SREC is determined by the

Under Maryland law, an SREC represents the generation attributes of 1 megawatt-hour (MWh) of electricity generation (or equivalent) from a qualifying solar facility. Electricity suppliers must purchase and retire solar renewable energy credits (SRECs) in order to meet their compliance obligations under the law, or pay a Solar Alternative Compliance Payment (SACP) for any shortfalls in SREC purchases. The SACP operates as a theoretical ceiling on the price that a supplier would pay for SRECs to fulfill obligations under the Maryland RPS.* In Maryland the SACP is set at $400 per MWh for 2009 - 2014, but will decline in

 In January 2005, the District of Columbia (D.C.) Council enacted a Renewable Portfolio Standard (RPS) with a solar carve-out that applies to all retail electricity sales in the District. In October 2008 the RPS was amended by the Clean and Affordable Energy Act (CAEA) of 2008. Significantly, this legislation increased the percentage and number of benchmarks that utilities must meet, included solar water heating as an eligible technology, increased the alternative compliance payment and amended reporting requirements. The solar requirements began in 2007 at 0.005% of retail electricity sales and increase annually towards an ultimate target of 2.50% solar by

Through the Feed-in Tariff (FiT) program, LADWP is purchasing energy for up to 20 years from solar V and non PV technologies through a standard offer power purchase agreement. Participating in the program conveys to the utility all energy, capacity rights, and environmental attributes associated with the project.

As of March 2025, the price per kWh varies as shown below:

Project Capacity	In-Basin PV	In-Basin Non-PV	Owens Valley PV
30 kW - 500 kW	$0.145 per kWh	$0.115 per kWh	$0.115 per kWh
> 500 kW - 3 MW	$0.140 per kWh	$0.110 per kWh	Not Available
> 3 MW	$0.135 per kWh	$0.105 per kWh	Not Available

Pennsylvania's Alternative Energy Portfolio Standard (AEPS), created by S.B. 1030 on November 30, 2004, requires each electric distribution company (EDC) and electric generation supplier (EGS) to retail electric customers in Pennsylvania to supply roughly 18% of its electricity using alternative-energy resources -- roughly 8% from Tier I technologies and 10% from Tier II technologies -- by 2021. The standard also contains a solar set-aside requiring obligated entities to procure a small percentage of their electricity sales from photovoltaic (PV) systems as part of the Tier I requirement. As with the other components of Pennsylvania's AEPS, the percentage requirement ramps