EnerKnol Research PU Visual Primer SREC 2021 09 14 Blog preview

Visual Primer: Solar Credit Markets Evolve as States Revisit Incentive Programs

The expansion of renewable portfolio standards (RPS) has prompted several states to reshape their solar incentive programs. The market for solar renewable energy certificates (SRECs) is driven by solar carve-outs in RPS programs, which require utilities to procure a certain percentage of their electricity from renewable resources.