Posts Tagged ‘SMART’

DOER Files SMART Program Emergency Regulation

Posted June 5th, 2017 by SRECTrade.

On Monday, June 5th, the MA Department of Energy Resources (DOER) filed an emergency regulation to implement the Solar Massachusetts Renewable Target (SMART) Program. The regulation is directed toward supporting the development of an additional 1,600 MW of solar energy generating facilities via a declining block program.

Although the emergency regulation takes effect immediately, it can only remain in effect for three months. The emergency regulation is a placeholder, pending a full rulemaking proceeding conducted by DOER, at which time the final program rules will be established. Following the conclusion of the DOER’s rulemaking process, the Department of Public Utilities (DPU) will need to conduct a proceeding for the DPU’s approval of the tariffs filed by the Electric Distribution Companies. Only after this rulemaking and proceeding take place will the SMART program be in effect. Accordingly, the SREC-II program remains in effect for all eligible solar facilities.

As a result of this implementation schedule, it is expected that solar facilities will be eligible to qualify for the SREC-II program through the end of Quarter 1, 2018.

For more information on the SMART program, please feel free to reference our last blog post on the topic here. The DOER’s official notice regarding this emergency regulation is available here.

DOER Announces Final SREC-II Factor Guidelines

Posted March 27th, 2017 by SRECTrade.

On Thursday, March 23rd the DOER provided an update on the finalized SREC-II program SREC Factors for projects over 25 kW that have not previously qualified for an SREC-II extension.

All SREC-II facilities that have a Statement of Qualification (SQA), but have not yet received an extension, will have their SQAs rejected. New applications may be submitted for these facilities, however, to seek an extension under these new guidelines. Any extension granted will be effective until March 31, 2018 at the following factors:

new-market-factors

Please note that SREC-II systems with a capacity equal to or less than 25 kW will still receive an SREC Factor of 0.8, so long as they receive their authorization to interconnect before the effective date of the SMART program.

Facilities eligible for the extension are those that have not already received either a mechanically complete or 50% construction cost extension; facilities that can demonstrate that they are mechanically complete or commercially operational by March 31, 2018 will receive their respective SREC Factor listed above.