Delaware SREC Market
Delaware's SREC market will likely be weak compared to other states as the SACP is relatively low and the demand for SRECs is minimal. The majority of the electricity goes through Delmarva Power and there are a few very large installations that should help their LSEs meet the requirements. Delaware solar generators should look to other markets such as DC, PA and NC for better SREC pricing when selling their SRECs.
Eligibility: Only Delaware-based facilities may be registered
Energy Year: June 1 to May 31
Tracking Platform: GATS
Meter Readings: All generators must provide readings for SREC generation
SREC Useful Life: 3 years - SRECs generated in 2010 can be counted towards either the 2010, 2011 or 2012 RPS
Solar Requirement: Reaching 0.5% of total electricty generated in 2021
SACP: $250 increasing to $300 if an LSE opts for the SACP in any previous year and up to $350 if the SACP has been charged in any two previous years. In addition, once the solar requirement is met, SRECs are worth 3x the regular REC price. That price is $25 increasing to $50 and $80 respectively if the ACP has been paid in either 1 or 2 or more previous years.
Energy Year
|
RPS Solar Requirement |
SACP |
| 2008-09 |
0.011% |
$250 |
| 2009-10 |
0.014% |
$250 |
| 2010-11 |
0.018% |
$250 |
| 2011-12 |
0.048% |
$250 |
| 2012-13 |
0.099% |
$250 |
| 2013-14 |
0.201% |
$250 |
| 2014-15 |
0.354% |
$250 |
| 2015-16 |
0.559% |
$250 |
| 2016-17 |
0.803% |
$250 |
| 2017-18 |
1.112% |
$250 |
| 2018-19 |
1.547% |
$250 |
| 2019-20 |
2.005% |
$250 |
Useful Links:
Delaware 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
Delaware Blog - Starting point for useful information regarding the Delaware SREC market
Registering in Delaware - Application details from the Delaware PSC
Cross-Listing your SRECs - Cross-Registering your system outside Delaware
DSIRE: Delaware RPS - Details on the Renewable Portfolio Standard
Other States:
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