New AEP Program Buys SRECs

A new AEP program pays you for 15 years of renewable energy credits (RECs) in one lump sum, up front—as soon as your solar energy system is installed & certified.

A powerful incentive to go solar
Up to 50% of your system cost can be paid to you by AEP in exchange for 15 years of your SRECs (Solar Renewable Energy Certificates). That guarantees a good return for 15 years worth of your energy credits—paid up front—and brings the total cost of your system into affordable range.

SRECs are generated when you generate clean solar power. AEP is buying up solar customers’ SRECs, in part, to meet their own clean-energy mandates. But this is a limited time opportunity; once AEP’s SREC budget is spent, the program will end.

Use the energy of tomorrow, today
Clean solar power offers a wealth of advantages, not the least of which is—a cleaner planet for your kids’ kids and their kids. Leave them a profoundly positive legacy—a cleaner, smarter way to power their planet. Every step in the solar direction brings us closer to a cleaner world for everyone.

We’ll help make it happen
Third Sun Solar will design and install your solar energy system, help you register it, and guide you through the AEP paperwork to secure your RETP payment. We’ll make it easy for you. Give us a call today to get started!

Invest now in clean energy
No one knows for sure where fossil fuel prices are going… but the smart money says they’re going up. A clean solar energy system will provide power for 30+ years, and the fuel is free—it rises every morning.

Add clean solar now through Third Sun Solar and get this direct payment from AEP. We’ll help with all the details.

5 replies
  1. Mo Retzr
    Mo Retzr says:

    What are the size limits for solar systems selling SRECs to AEP?

    Is this program what AEP calls “Net Metering”, or can it be used for free-standing solar installations?

    Thanks,

    Mo

  2. gkelly
    gkelly says:

    Hi Mo — Thanks for the question! For residential customers, AEP requires a minimum 2kW (DC) system size; they will pay $1.50/watt up to a maximum of 50% of system cost, and a maximum payment per customer of $12,000.

    For non-residential systems, the limits are 10kW (DC) minimum system size, $1.50/watt, maximum 50% of system cost, up to $75,000.

  3. pat
    pat says:

    What is the status of AEP’s SREC program? Is it still active, or have they spent their budgeted money?

  4. gkelly
    gkelly says:

    Yes, as of July 2012, the AEP RETP program is still funded and active. If you’d like more information about your ability to make use of this program, please call 877-OWN-SOLAR extension 23.

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