Sol Combo pays one fixed rate, then a second fixed rate, per SREC
Sol Combo customers are paid a guaranteed, fixed price per SREC for the first period of the contract (usually 3 years) and then a different fixed rate for the second period (usually 7 years). Both fixed prices are set by the customer's contract.
Sol Combo contracts are very similar to our Sol Annuity contracts, since SREC payments are unaffected by changes in the market.
Payments are issued quarterly
Sol Combo payments are issued on a quarterly basis. Since prices are set per SREC, and some solar energy systems do not produce an SREC each quarter, some customers may not receive SRECs in all quarterly payment cycles.
Sol Combo is no longer open to new applications
This contract option was only available to systems located in Washington, DC and Massachusetts. Upon contract expiration, system owners may select any other state-eligible contract option for renewal.