Archive for the ‘SREC Markets’ Category

Giving thanks!

Posted November 25th, 2009 by SRECTrade.

In the spirit of Thanksgiving, we’d like to thank a couple folks who have recently written about our services.

Dave is a new solar owner from New Jersey who has chronicled his experience going solar in his blog at solarpowr.blogspot.com. In writing about his journey to go solar, Dave has shed a great deal of light on the entire process. He’s been an advocate for our services and we are excited to get him started!

One of the the things we love about our business is the role we play in enabling solar. Matt of PIMBY Energy, LLC (i.e. Power-In-My-Back-Yard) recently signed up with us and sold his first SRECs in the PA market. He also wrote about his first experience selling SRECs. The exciting part of this news is that Matt is an installer in West Virginia, a state without an SREC program! Because he is in the PJM region, his SRECs are eligible for registration in PA, OH and potentially DC. Since Matt was registered in PA, his SRECs were sold in our November PA SREC auction. If you are in West Virginia or Virginia, we encourage you to reach out to PIMBY to find out more.

Happy Thanksgiving! We hope you have a wonderful holiday.

Posted in Installers, Virginia, West Virginia | Comments Off on Giving thanks!

DC Renewable Portfolio Standard Solar Details

Posted November 10th, 2009 by SRECTrade.

District of Columbia RPS solar requirement and SREC information: DC SREC Information

Posted in State RPS, Washington, DC | Comments Off on DC Renewable Portfolio Standard Solar Details

Delaware Renewable Portfolio Standard Solar Details

Posted November 10th, 2009 by SRECTrade.

Delaware RPS solar requirement and SREC information: www.srectrade.com/delaware_srec.php

Posted in Delaware, State RPS | Comments Off on Delaware Renewable Portfolio Standard Solar Details

Maryland Renewable Portfolio Standard Solar Details

Posted November 10th, 2009 by SRECTrade.

Maryland RPS solar requirement and SREC information: www.srectrade.com/maryland_srec.php

Posted in Maryland, State RPS | Comments Off on Maryland Renewable Portfolio Standard Solar Details

New Jersey Renewable Portfolio Standard Solar Details

Posted November 10th, 2009 by SRECTrade.

New Jersey RPS solar requirement and SREC information: www.srectrade.com/new_jersey_srec.php

Posted in New Jersey, State RPS | Comments Off on New Jersey Renewable Portfolio Standard Solar Details

Pennsylvania Renewable Porfolio Standard Solar Details

Posted November 10th, 2009 by SRECTrade.

Pennsylvania RPS solar requirement and SREC information: www.srectrade.com/pennsylvania_srec.php

Posted in Pennsylvania, State RPS | Comments Off on Pennsylvania Renewable Porfolio Standard Solar Details

PA SRECs begin accruing at time of application for new facilities

Posted November 9th, 2009 by SRECTrade.

If PA is the first state you are registering SRECs in, then you will want to apply for PA certification as soon as possible… Unlike some other states, the Pennsylvania SREC program (also known as AEP Program) will not count SRECs generated at the time of installation or interconnection. SRECs will only be credited from the time of application to the PA program. However, if your system has already been registered in another state, any SRECs that are generated in that state will have the PA certification applied to them, so this will not apply to your SRECs. The PA AEPS now requests a meter reading at the time of application so that it can use that reading as the starting point of your SREC generation.

To apply to the PA program as an EasyREC customer, please complete the PA SREC certification forms. All other users can refer to our guide on applying for PA certification here.

Posted in Cross-Listing, Pennsylvania | Comments Off on PA SRECs begin accruing at time of application for new facilities

NJ SREC prices relative to the SACP

Posted November 5th, 2009 by SRECTrade.

We often get questions from customers asking why New Jersey SRECs were trading at $675 for most of the early part f this year, but have since dropped. The primary driver of this change is that we are now in the 2010 energy year in New Jersey. As of June 1, 2009, all SRECs created are 2010 SRECs. The $675 price we saw in previous months was for 2009 SRECs (through May 31, 2009). The $675 price represented 95% of the $711 2009 solar alternative compliance payment (SACP), which is what utilities pay for the SRECs they can’t collect. You will see that the $660 price that we’ve seen for 2010 SRECs is actually consistent with pricing earlier this year. This time the SACP is $693 for 2010 SRECs, however the new price of $660 still represents 95% of the SACP. The chart below tracks how our NJ auction history has performed compared to the SACP; the theoretical ceiling price for SRECs.

NJ SREC Pricing Relative to SACP

Posted in New Jersey, SREC Pricing | Comments Off on NJ SREC prices relative to the SACP

DC SREC Market Eligibility

Posted November 4th, 2009 by SRECTrade.

Solar owners in the following states can register and sell into the DC SREC market:

Delaware
Illinois
Indiana
Kentucky
Maryland
New Jersey
New York
North Carolina
Pennsylvania
Tennessee
Virginia
West Virginia
Wisconsin

Check our DC State Eligibility post for more information. For detailed instructions on how to apply, go to the DC Certification Blog Post.

Posted in Delaware, Indiana, Kentucky, Maryland, New Jersey, New York, Pennsylvania, Virginia, Wisconsin | Comments Off on DC SREC Market Eligibility

DC SREC State Certification Instructions

Posted November 4th, 2009 by SRECTrade.

For EasyREC customers:
If you have signed up for the EasyREC service, we will do the DC State Certification on your behalf. Please complete our EasyREC registration forms to get started. Please fax the forms to SRECTrade at (732) 453-0065.

To learn more about EasyREC go to: www.srectrade.com/easyrec.php

Eligibility for SREC certification in DC:
DC allows systems from states in the PJM region and those that are adjacent to the region and capable of supplying electricity into the region. Solar systems in the following states have been approved for the DC SREC market (find out more here):

Delaware
Indiana
Illinois
Kentucky
Maryland
New Jersey
New York
North Carolina
Pennsylvania
Tennessee
Virginia
West Virginia
Wisconsin

Registration Process for NON-EasyREC customers:
The DC registration process requires an original and notarized application mailed directly to the DC Public Service Commission. If you would like to register your system in DC, please follow these guidelines to complete the appropriate forms:

For Non-EasyREC customers:
If you currently have a facility certified in another state (ie. MD, DE, NJ, or PA), download and complete this form.
If you do not have a facility certified in another state (ie. DC, VA, WV, TN, NC, KY) use this form.

Once you have completed the application and had the affidavit of general compliance notarized, mail the original to:

Dorothy Wideman
Commission Secretary
Public Service Commission of the District of Columbia
1333 H Street, N.W
2nd Floor West Tower
Washington, D.C. 20005

The DC registration process is currently taking approximately 10-12 weeks to complete. Once approved, Washington DC will mail a letter to you with your facilities state certification number.

Posted in Cross-Listing, Washington, DC | 5 Comments »