Dec 8 2010
Sol Systems has announced a fixed rate SREC financing option for the people of Massachusetts. The three-year option will help the company to make solar investment more attractive to the residents.
Although many US states in the East Coast region have set up solar credit markets to make solar energy affordable for businesses and homeowners, the SREC market in Massachusetts is new. By entering into an agreement with Sol Systems, people of Massachusetts can get away with about 25% of the total solar system cost.
The company offers many ways through which SRECs can be utilized. Sol Systems provides multi-year guaranteed rate SREC contracts (Sol Annuity), and spot market brokerage services (Sol Brokerage), in Massachusetts. The company offers the Sol Annuity service in three-year and five-year contract terms.
Sol Systems exclusively provides a three-year contract offer supported by an agreement with an energy supplier. The products from the company offer additional security to homeowners who are more concerned about SREC market’s volatility.
Source: http://www.solsystemscompany.com/