SREC Residential Ohio: How Homeowners Can Benefit from Solar Renewable Energy Certificates 

If you’re a homeowner in Ohio considering solar, you’ve likely heard about Solar Renewable Energy Certificates (SRECs)—but what exactly are they, and how can they benefit you? At Kokosing Solar, we help homeowners understand how to maximize their solar investment, and SRECs are an important piece of the financial equation. 

What Are SRECs? 

A Solar Renewable Energy Certificate (SREC) represents the environmental benefits of generating solar energy. For every 1,000 kilowatt-hours (kWh) (or 1 megawatt-hour (MWh)) of electricity your solar system produces, you earn one SREC. These certificates can then be sold in energy markets to utilities and businesses that need to meet renewable energy requirements. 

How Many SRECs Will My Solar System Produce? 

The number of SRECs you generate depends on your solar system’s size. On average, a 1-kilowatt (kW) solar system produces about 1 SREC per year. Here’s what that looks like for common residential system sizes: 

• 5 kW system → Approximately 5 SRECs annually 

• 10 kW system → Approximately 10 SRECs annually 

Since most residential solar systems in Ohio range from 5kW to 10kW, homeowners can expect to generate multiple SRECs per year, creating a valuable income stream. 

How to Sell Your Residential SRECs in Ohio 

Homeowners can sell their SRECs through brokers, aggregators, or direct buyers. At Kokosing Solar, we recommend Sol Systems, a trusted SREC management company that simplifies the process: 

1. State Certification & Registration 
2. Sol Systems helps register your system with PJM-EIS GATS, the tracking system required to convert solar production into SRECs. 
3. Certification typically takes 60 to 90 days after installation. 
4. Solar Reporting 
5. You’ll submit solar production data to Sol Systems at a regular cadence.  
6. Sol Systems updates your account and manages SREC sales for you. 
7. Receive Payment for Your SRECs 
8. Homeowners can choose between lump-sum upfront payments or recurring payments over time based on market pricing. 

What Is the Current Value of Ohio SRECs? 

As of recent reports, Ohio SRECs are valued at approximately $3. However, Ohio-based solar systems can also qualify for Pennsylvania’s Tier 1 SREC market, which currently offer a better return. 

To ensure homeowners get the best possible value, Kokosing Solar recommends Sol Systems’ Sol Upfront contract, which provides a one-time, lump-sum payment for 15 years of SREC production. For those who prefer ongoing income, Sol Systems also offers a 3-year Sol Annuity option. 

💡 SREC pricing fluctuates monthly—check with Sol Systems for the latest rates and contract options. 

How and When Do You Get Paid? 

Once your system is fully certified and registered, Sol Systems issues payment within 15 business days. The lump-sum payout is made after state and regional approvals are finalized. 

Key Considerations for Homeowners 

• SREC prices fluctuate, so securing a contract at the right time is key. 

• Market values can vary depending on Ohio vs. Pennsylvania Tier 1 eligibility. 

• SREC income may have tax implications—consult with a tax professional. 

Maximizing Your Solar Investment with SRECs 

SRECs provide Ohio homeowners with a unique financial opportunity to earn extra income from their solar systems. Whether you choose a lump-sum payment or ongoing payouts, leveraging SRECs can help offset your initial solar investment and increase long-term savings. 

Want to learn more? Fill out the form below to explore your solar options and discover how to make the most of your SRECs. 

Helpful Resources: 

• Sol Systems PA-Tier-1-REC Contract Options

• Sol Systems Payment Schedule