Solar incentives in Pennsylvania
What type of solar incentives are available?
Several types of incentives can help you go solar.
Pennsylvania offers Solar Alternative Energy Credits (SAECs). An SAEC is the functional equivalent of Solar Renewable Energy Credits (SRECs) in other states. Historically, the Pennsylvania market for these credits has been oversupplied. This is because Pennsylvania was one of the only states that allowed solar systems located outside its own borders to sell their credits into the state. This led to a massive oversupply of credits, depressing their monetary value. In a victory for solar energy and Pennsylvania ratepayers alike, the state moved to close its borders to out-of-state credits in fall 2017. Moving forward, only solar systems installed in Pennsylvania can sell their credits into the state market. You can find the most up-to-date credit market prices at SRECTrade.com.
Pennsylvania currently does not have any Property Assessed Clean Energy (PACE) enabling legislation.
There are currently no state-specific incentives in Pennsylvania.