The SREC program is based upon the system's total energy production and accumulates the renewable energy credits, otherwise known as SREC's (Solar Renewable Energy Certificates).
As the aggregator, SunDial acts as a broker to combine the SRECS from multiple homeowners to sell in bulk to energy suppliers. SunDial in turn makes individual quarterly SREC payouts to the homeowners.
The SREC program is capped at 40 incentive payouts. When that maximum is reached, the client is then automatically transferred to the Class 1 incentive program. SunDial will notify you when this happens.
The Massachusetts SREC Payout Schedule is as follows. Please note there is a lag time between the time the energy is produced and the SREC payouts.
Generation Period Date Minted Checks Issued
Q1 Jan > Mar July 15 August
Q2 Apr > Jun October 15 November
Q3 Jul > Sep January 15 February
Q4 Oct > Dec April 15 May
You will receive a statement via email each quarter detailing your solar generation, pricing, and payment.
Our payment is made by check, so please keep us informed should your email or mailing address change.
Our aggregation fees are shown on your statement and deducted from the incentive payment check.