Schedule
  • May 15th – Information on 2019 Solicitation posted on SRECDelaware.com
  • June 6th- Instructional Webinar to be held at 1PM. Details on how to participate in the webinar will be posted on the SRECDelaware website in the near future. 
  • June 20th – Solicitation bid window opens on SRECDelaware.com at 9:00 am
  • July 3rd – Solicitation bid window closes at 5:00 PM
  • July 12th – Bid Opening to be held at SEU’s office. Preliminary results will be announced.
Details

Delmarva intends to procure 15,000 SRECs unless the auction is undersubscribed. Up to an additional 5,000 SRECs may be purchased from any remaining bids, if Delmarva likes the price.

Tier Nameplate Rating – (DC at STC) SRECs in Tier
1 New systems less than or equal to 50 kW (Customer-Owned)  4,400
2 Greater than 50 kW but less than or equal to 500 kW  2,300
3 In-state systems greater than 500 kW but less than or equal to 2 MW  3,300
4 New small leased systems 50 kW and below, and in-state systems greater than 2 MW   5,000
5

All existing Delaware sited systems , meaning not “new”, and any out of state systems that qualify( generally utility connected)

 0-5,000*

Tier 1 systems are considered “New” for bidding purposes if they have not yet been built or have an Interconnection Approval To Operate date of June 9, 2017 or later. All systems larger than 50 kW are considered “New” if they have not yet been built or have an Interconnection Approval To Operate date of August 4, 2018 or later (tiers 2-4 except leased <50kW).

Delmarva has discretion to refuse any bids they feel are too high. Any such refused bids cannot be used to fill other Tiers.

As in past years, projects without approval to operate will require a bid deposit of $100 per kW. That deposit is returned once the systems is interconnected.

Changes from 2018

The 2019 program has the following substantive changes from the 2018 program:

  1. The number of Tiers were reduced for simplification. Please see details tab above for a complete breakdown of the five (5) tiers.
  2. Tier 1 systems are considered “New” for bidding purposes if they have not yet been built or have an Interconnection Approval To Operate date on or later than June 9, 2017. All systems larger than 50 kW are considered “New” if they have not yet been built or have an Interconnection Approval To Operate date on or later than August 4, 2018.
  3. Tier 2 can use any financing model. In Tier 2, no one owner can take more than 50% of the SRECs, unless that Tier is undersubscribed. Then they could take the undersubscribed portion once other bids are filled.
  4. Tier 3 is all new systems above 500 kW to 2 MW, all financing/ownership methods allowed.