The Council of the District of Columbia unanimously voted, today July 12th, to close the DC SREC market to out-of-state systems. The Distributed Generation Amendment Act of 2011 (Bill 19-10) increases the SREC requirement in 2011 as well as establishes an SACP schedule through 2023. Once in effect, the bill will allow out-of-state systems registered prior to 1/31/2011 to continue to sell SRECs in the DC market. The DC Public Services Commission has not provided clarification on how the bill will affect out of state systems that have already granted DC registrations after the January 31st 2011 grandfather date. For more information on the bill please refer to our previous blog postings here and here.
The bill is not yet law. It first must go through a 30-day Congressional Review process before it can go in to effect. Given these mechanistic delays we don’t expect the bill to go in to effect for at least another month.
The following chart illustrates which out-of-state systems will be effected by the legislation.
|State||Eligible Markets (after B19-10 is effective)|
|IN||OH; PA (if in American Electric Power territory)|
|IL||PA (if in Com Ed territory)|
|KY||OH; PA (if in American Electric Power territory)|
|MI||OH; PA (if in American Electric Power territory)|
|NC||NC; PA (if in Dominion Electric Territory)|
|TN||PA (if in American Electric Power territory)|