Share the Sun

Program Details

Already have solar and want to help others go solar as well? Or are you planning to go solar in the latest round of Solarize Greater Philadelphia?

With Share the Sun, homeowners and businesses with existing solar installations can donate their Solar Renewable Energy Credits (SRECs) and help a low-income family in Philadelphia access solar energy at home.

SRECs donated by 1 family will help 1 low-income family to go solar.

What is a Solar Renewable Energy Credit?

SRECs are performance-based incentives that create economic benefits from solar generation. One (1) SREC is allotted to each megawatt-hour of solar energy that is produced.

An average Philadelphia home produces 3-5 SRECs each year. As of August 2023, one SREC in Pennsylvania was valued at $34, earning Philadelphia solar owners $103 – $170 annually.

To monetize their SRECs, homeowners & businesses must register their solar systems in the PJM-GATS, and work with a broker to receive the economic benefit annually. These brokers will take an annual fee or a percentage of the homeowners’ SREC earnings.

Alternatively, homeowners can choose to donate their SRECs to support solar installations in low- and moderate-income communities across Philadelphia.

Solar & Low-Income Households

The cost of installing solar can be prohibitive for low-income families. And low-income families are the ones who need it the most – they can spend 2.4 times as much of their income on their energy bills as non-low-income households (Source: ACEEE). 

Increased energy efficiency measures & solar deployment in low-income communities lower energy bills, build local climate resilience and improve public health & safety (Source: DOE). And installing solar panels at home can lift a family’s assets & property value and prevent them from picking between keeping the lights on or paying for other necessities like food and medicine. 

Donating to Share the Sun

PGCC has partnered with Solarize Greater Philadelphia and the City of Philadelphia to subsidize the installation cost of solar for low-to-moderate-income participants of Solarize Greater Philadelphia. 100% of the proceeds from all donated SRECs will expand solar access in low- and moderate-income communities across the City.

All donations are tax-deductible.

Our Share the Sun Installer Partners

PGCC and Share the Sun have partnered with Superior Solar Design, CMI Electric, and Solar States to advance solar equity in Philadelphia.

PGCC is currently seeking partners for its inaugural round of installer partnerships. 

Interested in partnering with PGCC?
Email us by August 31st at sharethesun@phillygreencapital.org

Learn More About Share the Sun