I've made several posts already about whether or not SREC income is taxable or not.
I talked and emailed with my accountant recently.
Here's what he wrote: "I think it will eventually be taxable but there is no ruling at this time."
That's consistent with everything I've read and posted, in that there really is no definitive statement by any authority on the issue. My plan is to consider it non-taxable until I hear otherwise.
By the way -- it's been so sunny this week that our meter is spinning backwards at a velocity that reminds me of summertime!