Solar Incentives and Financing in D.C.
What type of solar incentives are available?
Several types of incentives can help you go solar. This section covers the solar incentives available in the District, but you can learn more about the national context of solar incentives on our national solar incentives page.
Solar Renewable Energy Credits (SRECs) are an incentive used to encourage solar adoption. The District has a valuable SREC market. SREC demand remains high due to the CleanEnergy DC Omnibus Amendment Act, which expanded D.C.’s renewable energy target to 100 percent by 2032. Included in this RPS (Renewable Portfolio Standard) is a 10 percent “carve out” for locally-based solar by 2041.
Since SRECs are valuable in DC, many installers with their pricing will offer to buy a certain number of years of your SRECS (for example 5 years) for a certain amount off your purchase price up front when you go solar.
Discounted SREC Pricing
Solar United Neighbors has secured discounted SREC pricing for co-op participants and Solar United Neighbors Members (supporting, annual, and lifetime) based in D.C. Solar United Neighbors does not receive any financial compensation from these offerings and is currently pursuing additional SREC offerings with other brokers.
- 50% discount on SREC brokerage fee
- Available for:
- Please contact Sol Systems for more information about this offering: [email protected]
D.C. does not have legislation that allows for residential Property Assessed Clean Energy (PACE) programs. However, commercial PACE is available. All commercial properties, including office space, multi-family, industrial, institutional, and retail properties, are eligible. The program is run by Urban Ingenuity on behalf of the District Department of Energy and the Environment. D.C. PACE offers 100 percent financing with up to a 20-year payback period. This financing applies to projects for energy efficiency, water, and renewable energy improvements to the property.