Sol Systems is the well known get-it-done solar finance crew!
*Update - As of November, we sold the house that was generating SRECs, but at that point, SREC values had plummeted so low, that we weren't even making $20 a year, any longer. It is pretty much a complete waste of time at this point.
I am incredibly disappointed in my experiences with Sol System. Right now, SRECs are a joke anyway. You are lucky if you make $30 off of an SREC, that takes 2-3 months to even generate. When I first became a Solar Customer, I was told that if that happened, I would have the option of setting a minimum price that we would accept our SRECs be sold for. I've now been told that they don't offer that, and that I just need to deal with the fact that my SRECs are worthless now.
In addition in the year and a half I've been their customer, I've had multiple issues with missing checks that never arrived, as well as one that took 3 weeks to be mailed after it was printed. I've also had an issue with them not give me credit for all my SRECs, which they still haven't resolved. The customer service is awful too. Takes days to get a response, and even then, the responses normally are not helpful.
SOL is a "this is the way we do it, and that's that" kind of business. Very frustrating when you have an issue, because they will never admit there is an issue, and won't flex a single finger trying to help resolve anything.
I had solar systems for since 2016. I didn't get my check from last 2019 November. They said, we'll figure it out and let you know. I didn't get my solar check money yet......
How long should I wait more for that?
I've been using Sol Systems ever since getting my solar panels installed in Maryland about 4 years ago. It's true that SREC values plummeted and became more of an exercise in reporting power generation each month in return for a check in a few months of maybe $10-20. But that's not Sol System's fault. That's just the state of the marketplace, where many large solar installations happened and far more SRECs were generated than the government program budgeted for.
I will say, Sol Systems finally transitioned to direct depositing payments into a checking account, vs always mailing out paper checks. That helps with any issues of checks lost in the mail and what-not.
And at least in Maryland, they did finally approve some more money going towards the program that adds value to SRECs. It isn't paying what it once did, but my last check was for close to $90.
Truthfully, I'm not a big proponent of the whole SREC thing anyway. It's obviously financially beneficial for me as a solar panel owner if they're paying well. But in the overall sense, this is just an artificial construct where they're demanding the utility companies either produce more energy in "Green" ways, or they force them to buy these SRECs as compensation for not hitting the required percentages. Effectively, that just means everyone's electricity costs go up to cover it. Solar should be cost-justifying itself without the need for all of this. (If it's not, it's probably because your installer/dealer overcharged you for what you bought in the first place!)
My company has worked with Sol Systems for several years. Few others, if any, have the depth of expertise in the DC SREC market. The team is very friendly and I'm excited to see the larger scale solar projects they're developing these days.
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Sol Systems is a leading, national renewable energy company providing onsite and offsite renewables, structured investments, environmental commodities management across its business lines.
Sol Systems: A Leading Renewable Energy Company
Sol Systems is a national renewable energy company that has been providing innovative solutions to its clients for over a decade. The company specializes in onsite and offsite renewables, structured investments, and environmental commodities management across its business lines. With a team of experienced professionals, Sol Systems has established itself as one of the leading players in the renewable energy industry.
Renewable Energy Solutions
At Sol Systems, we believe that renewable energy is the future. We offer a range of solutions to help our clients transition to clean energy sources. Our onsite renewables services include solar panel installations for commercial and industrial buildings, as well as battery storage systems that can help reduce peak demand charges.
We also provide offsite renewables solutions through our community solar program. This program allows businesses and individuals to subscribe to a shared solar project located offsite from their property. By subscribing to this program, customers can receive credits on their utility bills for the electricity generated by the solar panels.
Structured Investments
In addition to our renewable energy services, Sol Systems also offers structured investments in renewable projects. We work with investors who are interested in financing clean energy projects such as wind farms or large-scale solar installations.
Our team of experts conducts thorough due diligence on each project before presenting it to potential investors. Once an investment opportunity is identified, we work closely with our partners throughout the entire process – from initial negotiations through construction and operation – ensuring that all parties involved achieve their goals.
Environmental Commodities Management
Another area where Sol Systems excels is environmental commodities management (ECM). ECM involves managing carbon offsets and other environmental credits generated by renewable projects.
Our ECM team works with project developers and owners across North America to monetize these credits through various markets such as California's cap-and-trade system or voluntary carbon offset programs like Gold Standard or Verra. By doing so, we help ensure that these valuable assets are properly valued while also contributing towards global efforts towards reducing greenhouse gas emissions.
Why Choose Sol Systems?
There are several reasons why you should choose Sol Systems for your renewable energy needs:
1) Experience: With over 10 years of experience in the industry, we have developed deep expertise across all aspects of renewable energy development.
2) Innovation: We are constantly exploring new technologies and approaches to improve efficiency and reduce costs.
3) Customization: We understand that every client has unique needs – which is why we tailor our solutions accordingly.
4) Results-driven: Our focus on delivering results means that we always strive for excellence in everything we do.
5) Sustainability-focused: As a company committed to sustainability ourselves, we take pride in helping others achieve their own sustainability goals.
Conclusion
If you're looking for a reliable partner who can help you navigate the complex world of renewable energy development – look no further than Sol Systems! Our comprehensive suite of services includes everything from onsite renewables installations through structured investments into large-scale projects like wind farms or utility-scale solar arrays; all backed up by expert advice from experienced professionals who know what it takes succeed in this rapidly-evolving industry!
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