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State Rebates (SRECs) & Financing

State Rebates (SRECs) & Financing

Emilie avatar
Written by Emilie
Updated this week

State Rebates cannot be applied to financed loan amount to lower monthly payments.

Owners of the solar system accrue SRECs for the energy produced. Because it is not known in advance how much will be produced, there cannot be a set rebate amount applied to the financed loan amount. There is no way to directly pass the SREC from homeowner to lender.

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