What Are SRECs? How States Turn Solar Into a Yearly Paycheck for Your Business

Dear Business Leader,

What if I told you there’s a way to power your business, earn ongoing revenue, and make your solar investment not just free, but wildly profitable?

With stacked incentives like Solar Renewable Energy Certificates (SRECs), REAP grants, federal tax credits, and accelerated depreciation, businesses in forward-thinking states like Illinois and Pennsylvania are cashing in big.

This is a golden opportunity—a “Triple Goldmine”—for savvy business owners who are ready to go green and watch their bottom line grow.

Today, we’ll walk through two sizzling examples that show how Illinois and Pennsylvania’s solar programs are turning solar investments into massive ROI opportunities.

Understanding the SREC Advantage

SRECs are credits earned for each megawatt-hour (MWh) of solar energy your system produces. Utilities purchase these credits to meet renewable energy requirements, creating a steady revenue stream for solar system owners.

Here’s how this works:

1. Generate Energy: Your solar system produces clean electricity.
2. Earn SRECs: For every MWh generated, you earn 1 SREC.
3. Sell SRECs: Utilities buy your credits, putting cash in your pocket.

But that’s just the start. When combined with other federal and state benefits, these credits make your solar system a powerhouse for profits. Let’s dive into two real-world examples.

Example 1: Illinois—SRECs and Stacked Incentives

A 400 kW (0.4 MW) Commercial Solar System

• Annual Energy Production: With a capacity factor of 16.3%, the system generates approximately 571 MWh/year.
• DC-to-AC Loss Adjustment: After accounting for a 20% conversion loss, net production is 456.88 MWh/year.
• SRECs Generated: This equals approximately 457 SRECs annually.

SREC Revenue

• SREC Price: $70 per SREC (based on the Illinois Shines Program).
• Annual SREC Earnings: 457 SRECs × $70 = $31,990/year.
• 7-Year Total Revenue: $31,990 × 7 = $223,930.

Federal Incentives Stack Up

• REAP Grant (50%): Covers half the system cost. For a $2,000,000 system, that’s $1,000,000.
• Federal Tax Credit (30%): Another $600,000 in savings.
• Bonus Depreciation: Deduct 40% in year one and the rest over five years. First-year tax savings alone = $200,000.

The Triple Goldmine

With these incentives, the entire system is paid for—plus more. Over 25 years, SREC revenue alone exceeds $750,000, not to mention the massive energy savings.

Example 2: Pennsylvania—Small System, Big Rewards

A 400 kW (0.4 MW) Commercial Solar System

• Annual Energy Production: Similar to Illinois, this system produces approximately 456.88 MWh/year, generating 392 SRECs annually (adjusted for Pennsylvania's slightly lower solar capacity factor).
• SREC Revenue: With current prices around $45/SREC, that’s an annual income of $17,640.

Incentives in Action

• REAP Grant (50%): Covers 50% of system cost—another $1,000,000 saved.
• Federal Tax Credit (30%): An additional $600,000 in savings.
• Accelerated Depreciation: Generates substantial tax benefits, putting money back in your pocket.

Why This Matters

Pennsylvania businesses benefit from lower upfront costs and ongoing SREC revenue. In this case, the system pays for itself upfront, with SREC income and energy savings generating over $400,000 in additional profit over 25 years.

Why Now Is the Time to Act

1. SREC Prices Are Strong: Early adopters lock in higher rates before the market saturates.
2. Grant Deadlines Are Looming: Federal funds won’t last forever—apply now to secure your share.
3. Energy Savings Add Up: With utility costs on the rise, going solar protects your bottom line.

Next Steps to Secure Your Triple Goldmine

Are you ready to transform your business with a solar system that pays for itself and then some?

The process is fundamentally simple:

• Apply for REAP grants
• Maximize your tax credits
• Capture every dollar from SRECs

With zero out-of-pocket costs and revenue streams that keep growing, this is an opportunity too good to miss.

Conclusion

I write newsletters to share these incredible opportunities, but the real magic happens with my son Evan. He leads the premier solar energy company in America, helping businesses like yours secure up to $2 million in solar energy systems fully funded by the government.

And if you're fortunate enough to live in a state with SREC benefits, your solar system becomes a cash register that keeps paying you year after year.

If this sounds like the opportunity you’ve been waiting for, send me a direct message. I’ll personally make sure your inquiry reaches the right person on Evan’s team, who can guide you every step of the way.

As I’ve dedicated my life to God and the ministry, Evan’s company donates a portion of every solar project’s profit to support my church's mission. Your decision to go solar not only benefits your business but also helps promote faith and unity in communities worldwide.

The sooner you act, the sooner your solar system starts generating revenue. Don’t wait—turn this opportunity into your business’s biggest win today!

Until next time!

Stay well. Swim strong!

Warmly,

David

P. P. S. ✝️🙏📖   If you don’t know who I am, my name is David Vogel, retired CEO turned LinkedIn influencer and Founder of the Church of Unity Society. Six mornings a week Live at 7 AM, I preach to the C-suite, igniting their spirits with the power of God. As the publisher of Mindful Ethics, the unapologetic voice of ethics on LinkedIn, I challenge leaders to elevate their game, lead with heart, and redefine what it means to live with purpose.

One More Thing . . .

As I recently retired as CEO of Project SunRize, I remain a trusted consigliere to my son, Evan, who now leads the company with the same dedication to excellence. Project SunRize is proudly donating 3% of all profits from commercial solar construction to The Church of Unity and 3% to The Council For Unity.

Here’s the kicker—100% of the cost for most solar energy systems can be covered by federal benefits (in most, but not all cases)!

Let Project SunRize prove to you it’s free!

Helping Project SunRize helps my church and also helps prevent violence in New York City Schools (via Council For Unity). If you know anyone who’s considering going solar, refer them to Project SunRize.

You’ll get a shark-sized royalty for your referral!

DM me, and I’ll personally make sure your message reaches the right person at SunRize.

Let’s build a brighter future, together!

© Published by: David Vogel, in Wolfeboro, New Hampshire