North Carolina

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North Carolina accepts SREC registrations from facilities sited in all 50 states. This national acceptance of SREC registrations virtually guarantees that the local SREC program will be oversupplied as long as the market exists.

For a period of time before January 2011, NC systems were eligible to apply to the DC SREC market.

Markets for NC Systems

NC and PA Tier-I

Tracking Registry

NC-RETS or GATS

Energy Year

Jan - Dec

Eligible System Locations

All 50 States

Solar Requirement

Reaching 0.2% of total electricity generated by 2018 (based on 2017 electricity).

Eligibility Start Date

The NC eligibility start date is based on the system’s date of interconnection.

SACP

It is up to the North Carolina Utilities Commission (NCUC) to determine if there will be an SACP or an alternative penalty for non-compliance.

SREC Useful Life

NC SRECs have a useful life of 2 years (i.e., a 2016 NC SREC can be counted towards either 2016 or 2017 compliance).

Market Requirements

NC SREC market requirements as currently set by state legislation:

Energy Year % Solar Requirement
2010 0.02%
2011 0.02%
2012 0.07%
2013 0.07%
2014 0.07%
2015 0.14%
2016 0.14%
2017 0.14%
2018 0.20%
2019 0.20%
2020 0.20%
2021 0.20%

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