What fees does Sol Systems charge for Sol Brokerage?
For customers enrolled in Sol Brokerage, Sol Systems charges two fees associated with SREC transactions.
Is there an administrative fee?
Yes. There is a 2% administrative fee that is applied to Sol Brokerage transactions.
What is the Customer Transaction Service Charge?
In addition to the administrative fee, the Sol Brokerage contract also includes a Customer Transaction Service Charge, which is calculated as:
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The greater of $5 or 7% per SREC
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The charge will never exceed 50% of the Clearing Price
This fee is applied only when an SREC is successfully sold.
Are there fees for other Sol Systems contracts?
No. There are no fees for customers enrolled in:
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Sol Annuity
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Sol Upfront