[wyum]

I really hope that is the case.

My understanding is that in the DC case, the SREC values are anchored by DC's Solar Alternative Compliance Payment (SACP). This is a penalty energy companies must pay if they don't produce their quota of SRECs. Currently, the penalty is $480 per SREC, so the energy co.s save some money paying $350-400 vs. the penalty.

In tandem with this, DC is small, meaning rooftops are really the only place you can put panels, and DC requires that the SRECs are generated by systems located in DC:

"The D.C. City Council passed a law in July 2011 preventing out-of-state systems registered after January 31, 2011 from participating in the DC SREC Market, further limiting supply."

Source: https://www.srectrade.com/markets/rps/srec/district_of_colum...

This program has benefited me and other DC residents individually, but I would be much more at ease knowing that this is actually globally good policy. I'll admit I don't really know.