When should I report energy production to Sol Systems?
Whether you are reporting lifetime (cumulative) or monthly net meter readings, your submission should reflect your system’s solar generation through the end of the previous month.
When is the deadline to report my meter reading?
Customers should submit their meter reading by the 5th day of each month to ensure timely reporting.
Example:
To report solar generation through the end of June, submit your meter reading no later than July 5.
When are SRECs minted?
Energy production is processed by PJM’s Generation Attribute Tracking System (GATS).
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GATS mints generation about 2 weeks after it is entered
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For example, if you submitted your June generation on July 1, GATS will process this generation and any new SRECs will reflect in your account on or around July 14th
- This is important because there will be times where your account shows higher generation but since GATS has not processed this generation, your total SREC count has not caught up
*For Massachusetts customers, meter readings are not entered into the Sol Systems dashboard. They are entered directly into the Massachusetts Production Tracking System (PTS) by you or your production reporter*
How are SRECs calculated?
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One SREC is created for every full 1,000 kWh of solar energy generated
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Any production below 1,000 kWh rolls over to the next month
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SRECs will appear in your Sol Systems account only after they have been minted
When are SREC payments issued?
SREC payments are issued:
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Monthly for most states
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Quarterly for Massachusetts