---
title: Why do SRECs have different prices in different states?
description: SREC prices vary by state due to differences in renewable energy laws, solar supply and demand, and state-set price caps like the SACP.
---

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2. [SREC Basics](https://help.srecs.solsystems.com/srec-basics?hsLang=en-us)

# Why do SRECs have different prices in different states?

Why do SRECs have different prices in different states?

SRECs are part of energy programs created by a state legislature, not the federal government. State programs (usually called a Renewable Portfolio Standard, or "RPS") require that electricity providers claim a specific number of SRECs each year, which creates **market demand** for SRECs. Since each state sets its own RPS, demand for SRECs varies considerably.

Solar installations are different across states as well, setting **market supply** at different levels in different SREC markets.

RPS legislation also sets a **price ceiling** on SRECs (called a Solar Alternative Compliance Payment, or "SACP") which, like SREC demand, is set by the state's schedule.

 Current SREC Prices are listed on our State Market pages

To see current market prices and fixed-price contract options, please find [your state's SREC market page](https://www.solsystems.com/srec-customers/state-markets/).

- [FAQs](https://help.srecs.solsystems.com/faqs?hsLang=en-us)
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- [State Markets](https://help.srecs.solsystems.com/state-markets?hsLang=en-us#main-content)

    - [Washington, DC](https://help.srecs.solsystems.com/state-markets?hsLang=en-us#washington-dc)
    - [Maryland](https://help.srecs.solsystems.com/state-markets?hsLang=en-us#maryland)
    - [Pennsylvania](https://help.srecs.solsystems.com/state-markets?hsLang=en-us#pennsylvania)
    - [Virginia](https://help.srecs.solsystems.com/state-markets?hsLang=en-us#virginia)
    - [New Jersey](https://help.srecs.solsystems.com/state-markets?hsLang=en-us#new-jersey)
    - [Massachusetts](https://help.srecs.solsystems.com/state-markets?hsLang=en-us#massachusetts)
    - [Ohio](https://help.srecs.solsystems.com/state-markets?hsLang=en-us#ohio)
    - [Delaware](https://help.srecs.solsystems.com/state-markets?hsLang=en-us#delaware)
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- [Change of Ownership & System Expansions](https://help.srecs.solsystems.com/change-of-ownership-system-expansions?hsLang=en-us)

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