On September 26th, the Massachusetts Department of Public Utilities (DPU) issued an order approving the model Solar Massachusetts Renewable Target (SMART) Program. This action is the final regulatory step in launching the program and initiates the transition from the Solar Carve-Out II (SREC-II) Program to SMART.

Notably, on October 1st, the Massachusetts Department of Energy Resources (DOER) clarified that the SMART Program Effective Date remains to be determined and that the SREC-II application window is still open. The DOER also announced a series of stakeholder meetings later this month to provide additional information on SMART requirements and the program transition process.

SRECTrade strongly encourages stakeholders seeking to enroll their solar projects in SREC-II to obtain Permission to Operate or mechanical completion for their projects as soon as possible. As a reminder, the SMART Program Effective Date will be the deadline for projects smaller than or equal to 25 kW DC to obtain Permission to Operate and the deadline for projects larger than 25 kW DC to achieve mechanical completion. SRECTrade will continue to provide significant updates as they become available.