Massachusetts SREC Market

Posted December 16th, 2009 by SRECTrade.

The Massachusetts Department of Energy Resources (DOER) recently announced the implementation of a solar carve out as part of the state’s renewable portfolio standard. The carve-out establishes a requirement of 25 MW of solar electricity for 2010 and a solar alternative compliance payment (SACP) of $600. SRECTrade will begin hosting SREC auctions in Massachusetts in 2010. Solar generators may begin registering their facilities with SRECTrade as long as they meet the criteria for eligibility in Massachusetts:

– Solar photovoltaic project located in Massachusetts
– Under 2MW in capacity
– Installed on or after January 1, 2008
– Has not received funding from Commonwealth Solar I
– Has not received substantial support from ARRA-related federal stimulus funds

Go to the Massachusetts Solar Renewable Energy Certificate (SREC) Program page for more details.

Tags: MA, MA SREC, Massachusetts Solar Carve-out, Massachusetts Solar Renewable Energy Certificates, Massachusetts Solar RPS, Massachusetts SREC
Posted in Massachusetts |

Qualifying for the Ohio SREC market

Posted December 16th, 2009 by SRECTrade.

This is the first year that the Ohio RPS has come into effect and we expect Ohio to be one of the best market for SRECs over the next few years. With an established SACP starting at $450 this year, a large electricity market, and a growing solar requirement, we expect Ohio to surpass Pennsylvania and many of the other SREC states in volume. For that reason, we recommend registering in Ohio if you are from Ohio and any of its neighboring states: Pennsylvania, West Virginia, Kentucky, Indiana and Michigan. For Pennsylvania residents, the early months of the Pennsylvania auctions brought a price of $290-$300, but your PA SRECs could be worth up to 30% more in the Ohio market. To find out more about the Ohio SREC program follow this link.

Registering in Ohio

Utilities in Ohio are allowed to procure 50% of the SRECs from out of state facilities. However, these states must be contiguous with Ohio (PA, MI, IN, KY, WV). Instructions and forms required for Ohio certification can be found here: Application for Certification as an Ohio Renewable Energy Resource Generating Facility

Contact:
Public Utilities Commission of Ohio
Email: AEPS@puc.state.oh.us
Toll-Free: (800) 686-PUCO (7826)
Phone: (614) 466-3292 (in Columbus area)
Fax: (614) 752-8351
180 East Broad Street
Columbus, Ohio 43215
Directions to the PUCO

Tags: Ohio SREC, registration process, SREC, SRECs, state certification
Posted in Cross-Listing, Indiana, Kentucky, Michigan, Ohio, Pennsylvania, West Virginia |

New York SRECs?

Posted December 15th, 2009 by SRECTrade.

You may have noticed a recent post in our blog suggesting that solar generators based in New York can register their system to sell SRECs in DC. This information came to us by way of the DC Public Service Commission when we first began registering Delaware systems in DC. We checked the GATS database and have confirmed that there is a precedent for a NY-based system that is eligible to generate and sell SRECs in the DC market. Though we have yet to confirm this with a NY-based SRECTrade customer, we have a few projects that are currently applying for eligibility in DC and will keep you posted on our progress.

The caveat to this is that if you are a New York resident that took advantage of the NYSERDA state rebate, then you have forfeited your SRECs to NYSERDA for the first three years that the system was installed. Therefore, the DC market (and perhaps other markets in the future) will not be available to most solar generators in New York until they have been generating for at least three years.

Posted in New York |

Giving thanks!

Posted November 25th, 2009 by SRECTrade.

In the spirit of Thanksgiving, we’d like to thank a couple folks who have recently written about our services.

Dave is a new solar owner from New Jersey who has chronicled his experience going solar in his blog at solarpowr.blogspot.com. In writing about his journey to go solar, Dave has shed a great deal of light on the entire process. He’s been an advocate for our services and we are excited to get him started!

One of the the things we love about our business is the role we play in enabling solar. Matt of PIMBY Energy, LLC (i.e. Power-In-My-Back-Yard) recently signed up with us and sold his first SRECs in the PA market. He also wrote about his first experience selling SRECs. The exciting part of this news is that Matt is an installer in West Virginia, a state without an SREC program! Because he is in the PJM region, his SRECs are eligible for registration in PA, OH and potentially DC. Since Matt was registered in PA, his SRECs were sold in our November PA SREC auction. If you are in West Virginia or Virginia, we encourage you to reach out to PIMBY to find out more.

Happy Thanksgiving! We hope you have a wonderful holiday.

Posted in Installers, Virginia, West Virginia |

DC Renewable Portfolio Standard Solar Details