DC SREC Market
The District of Columbia will allow solar generators from states within and adjacent to the PJM region to be registered and certified. The accepted out-of-state generators may also vary over time. The market is much more straightforward than other states with a set SACP through 2018. Though it is a small market, with a comparably low requirement, DC SRECs are trading well.
Pricing:
SREC Auction - Auction closing prices history
DC Long Term Forwards Contracts - Information on long term contracts for DC SRECs
DC Prepaid SREC Forwards - Information on prepaid contracts for DC SRECs
Other States in which Washington, DC facilities are eligible:
Pennsylvania
States Eligible for DC Market: DC, DE, IN, IL, KY, MD, NC, NJ, NY, PA, TN, VA, WV, WI
Energy Year: January 1 to December 31
Tracking Platform: GATS
SREC Useful Life: 3 years - a 2010 SREC can be counted towards the 2010, 2011 or 2012 RPS
Solar Requirement: Reaching 2.00% of total electricty generated in 2021
SACP: Fixed at $500 through 2018
Meter Readings: Facilities less than 10 kW can use estimated generation based on the PV watts calculator. All other facilities must submit monthly meter readings.
Eligibility Begins: Upon date of interconnection.
| Energy Year |
RPS Solar Requirement |
Projected SRECs Required (MWh) |
SACP |
| 2009 |
0.02% |
2,400 |
$500 |
| 2010 |
0.03% |
3,500 |
$500 |
| 2011 |
0.04% |
5,100 |
$500 |
| 2012 |
0.07% |
9,100 |
$500 |
| 2013 |
0.10% |
13,000 |
$500 |
| 2014 |
0.13% |
17,000 |
$500 |
| 2015 |
0.17% |
23,000 |
$500 |
| 2016 |
0.21% |
29,000 |
$500 |
| 2017 |
0.25% |
35,000 |
$500 |
| 2018 |
0.30% |
43,000 |
$500 |
| 2019 |
0.35% |
51,000 |
TBD |
| 2020 |
0.40% |
59,000 |
TBD |
Useful Links:
DC Client Forms - All the forms necessary to sign up for SRECTrade's EasyREC service
New to Solar? - Getting Started - The nuts and bolts of getting started generating and selling SRECs
DC Blog - Starting point for useful information regarding the District of Columbia SREC market
Registering in DC - Application details from the District of Columbia PSC
Cross-Listing your SRECs - Cross-Registering your system outside DC
DSIRE: DC RPS - Details on the Renewable Portfolio Standard
The image below shows a map of the PJM Region. Any facilities cited within the territories highlighted are eligible to participate in the DC and PA SREC programs.
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