Details
Certified SREC Value Adder - There is a 150% multiplier for Certified SRECs in effect since January 1, 2025. Compliance buyers will be able to use MD Certified SREC to satisfy 150% of their compliance obligation per Certified SREC. GATS Certified Tag required.
Eligible Systems
Only NEW solar installed from July 1, 2024 to January 1, 2028, before hitting total installed megawatt limits per category, will be classified as “Certified SRECs”
- The first 300MW AC of solar 20kW and less qualify.
- The first 270 MW AC of solar 20kW to 5MW qualify. (The size limit can only be above 2 MW for rooftops, parking canopies, or brownfield sites.)
- Systems larger than 1MW in size workers must be paid the prevailing wage.
Eligible Location
Energy Year
Useful Certified SREC Lifetime
RPS Requirements
| Year | SACP | RPS % |
|---|---|---|
| 2025 | $82.50 | 2.00% |
| 2026 | $67.50 | 8.00% |
| 2027 | $52.50 | 9.50% |
| 2028 | $48.75 | 11.00% |
| 2029 | $37.50 | 12.50% |
| 2030 and later | $33.75 | 14.50% |
Specifications of the Maryland Certified Certified SREC market in 2025: the Certified SRECs have a lifetime of 5 years, the current solar alternative compliance payment (SACP) is $33.75 and the renewable portfolio standard is 14.50%.