EnerKnol’s Visual Primer – Massachusetts Solar Credit Market Overhaul Signals Predictability, Revenue Certainty

All six states in New England have Renewable Portfolio Standards (RPS) that drive the market for solar renewable energy credits (SRECs). Massachusetts installed 1.6 GW of solar as of December 2017, the most in the New England region, largely thanks to its SREC I and II programs. The state is currently implementing a long-term, sustainable solar incentive called the Solar Massachusetts Renewable Target (SMART) program, replacing the SREC II program set to conclude in 2018.