Arizona SREC Market

Arizona's renewable portfolio standard (RPS) seeks to meet a 15% renewables goal by 2025. Of this target, 30% is to come from distributed generation facilities, which is broken up into 50% residential systems and 50% non-residential, non-utility systems. The RPS includes solar, but does not have a specific solar carve-out. Arizona's larger investor owned utilities provide up front and production based incentives for residential and non-residential solar systems. These incentives tie customers into long term REC agreements. The current incentive structure keeps Arizona from having a viable SREC market.

Pricing:
SREC Auction - Auction closing prices history

News: 
Arizona  SREC Blog - Starting point for useful information regarding the state SREC market

Other States in which Arizona facilities are eligible:
None

Tracking Platform: WREGIS
Energy Year / Compliance Period: January 1 - December 31
SREC Useful Life: SRECs acquired in any year can be used to meet annual renewable energy requirements.
Solar Requirement: None currently in place.
SACP: No alternative compliance payment set for solar.

Useful Links:
New to Solar? - Getting Started - The nuts and bolts of getting started generating and selling SRECs
DSIRE: Arizona RES - Details on the Renewable Energy Standard in Arizona