On Thursday, February 13th, the DOER announced that a new draft of the Massachusetts RPS Class I Regulations 225 CMR 14.00 was formally submitted to the Joint Committee on Telecommunications, Utilities, and Energy for review. The draft contains key language for the creation of the touted SREC-II program. Please find the announcement letter from the DOER here. The filing is available here. Given this step and further formal review requirements that the revised regulations must undergo over the next few weeks, it is our understanding that the SREC-II program will likely become effective in early Q2 2014.
The DOER’s letter also clarifies that non-operational projects qualified under SREC-I may not also be qualified under SREC-II, without first withdrawing SREC-I qualification.