Getting Paid for My SRECs
The first step in getting paid for your SRECS is to apply for and receive state certification to qualify for credits (except for NJ SRECs). This certification is different from the original application your installer might have made to start the installation. If you become a Knollwood Energy customer, we manage the certification process for you. We work with your installer to obtain all of the necessary technical information to file for the certification and track its progress with the appropriate state agency. The certification process is unfortunately slow, so please be patient. Once your system is certified, an account is created for you in the state tracking system, where you can view your account and track your system's production.
The next step is to report your system's meter readings at the end of each month. Depending on the state where your facility is located, you can either report your meter reading through our customer portal or your state's tracking system. Many of our Massachusetts customers opt to use a meter reading company to handle the monthly reporting for them.
Andy C., Millerstown PA (PA SREC)
How Often Do I Get Paid?
Credits will be generated for your account based on your monthly meter readings. We pay our customers on a monthly or quarterly schedule, which is determined by your state. An exception to this payment schedule occurs when prices are abnormally low and there is an expectation that prices might recover in the near future.