Sol Annuity is a long-term solution that gives you guaranteed prices for your SRECs even when spot market prices fall. You will receive a fixed, quarterly payment for each SREC produced over a 3 or 5 year term. For example, a system that produces 1 SREC/quarter at a fixed rate of $325/SREC would generate $6,500 over a 5 year period. You will receive your first payment 4 to 6 months after signing up with Sol Systems. After that, you will receive a quarterly payment in February, May, August, and November based on the number of full SRECs your system produces.