The SRECDelaware Spot Auction will now accept SRECs generated from June, 2009 to the present. Order entry for the Spot Auction will open on May 15th at www.SRECDelaware.com and run until May 22nd.
Delaware SREC Program
The following links contain the final detailed results from the 2013 Procurement: N-1 Results N-2 Results N-3 Results E-1 Results E-2 Results
The auction requires that I transfer my SRECs in GATS to the SRECDelaware GATS account. How do I do this? Detailed instructions for transferring SRECS to the SRECDelaware GATS account can be found here. Bidders who use the services of an aggregator and do not have their own PJM-GATs account must contact their aggregator and ask them to move the SRECs for them following the instructions above. Please do not move SRECs until you have completed a bid.
The 2013 SRECDelaware Spot Auction will be held on the SRECDelaware platform from May 15th to May 22nd. The Spot Auction will allow owners of existing SRECs generated from June, 2009 until today to bid to sell their SRECs. Summary The auction will cover only existing, already generated SRECs. Delmarva Power anticipates purchasing between 2,000 and 6,000 SRECs in this auction. Bidders will place bids by creating an account at SRECDelaware.com or using their existing SRECDelaware.com account. Bidding window … Continue reading
The final price results of the 2013 Delaware Procurement are: Tier High Low Weighted Avg N1 $62.87 $0.00 $46.48 N2 $140.00 $0.00 $86.60 N3 $63.90 $49.00 $51.13 E1 $50.00 $0.00 $34.59 E2 $50.00 $0.00 $39.29 The weighted averages are computed using actual SRECs for each winning bid.
Is the Delaware labor/equipment adder applicable in the last 13 years of the contract? Yes. Systems will receive credit for both Delaware labor and equipment for SRECs generated in years 13-20. We applied in several locations but only won contracts in some of the locations. Can we switch a winning bid to one of our locations that did not win? All winning systems must be constructed at the same parcel number as the winning bid. Can we build a system … Continue reading
The summary results for the 2013 SRECDelaware Program will be announced on Wednesday, 5/1/2013. The SRECDelaware Administrator is awaiting “bid” revisions for projects that are tied for a position in the Program. Emails were sent to applicants involved in a bid tie or “partial fill” scenario on Tuesday,4/23/2013. All applicants involved in a bid tie or “partial fill” scenario must respond to the SRECDelaware Administrator by Tuesday, 4/30/2013, per the rules outlined in Section 7.2 of the of the 2013 … Continue reading
The 2013 SREC solicitation will announce preliminary results for certain winners. Initial winning bids in Tiers N1, N2, and E1 will be notified by email and on the SRECDelaware.com dashboard by the end of Friday, 4/26/2013. Losing applications will not be announced until next week. The remaining results are pending the process described in Section 7.1 of the solicitation rules. , which state: “ The SEU will award SREC Transfer Agreements to such projects with the lowest price bids in each solicitation. … Continue reading
The 2013 SRECDelaware application window closed, today, 4/12/2013 at 5 pm ET. Applications will no longer be accepted for the 2013 solicitation. The Delaware Sustainable Energy Utility will review applications and process the applications on Friday, 4/19/2013. The solicitation results will be announced shortly thereafter, likely Monday, 4/22/2013.
I don’t have a revenue grade meter and don’t want to purchase one until I find out if I’ve won. Can I check “Revenue Grade Meter” on my application with the understanding that I’ll install a revenue grade meter once I find out that I’ve won? Yes. Systems simply need to have a revenue grade meter installed once they’ve won a contract. They do not need to be installed to bid. I just completed my application however, the “STATUS” section … Continue reading
A recording of the 3/22/2013 2013 Delaware SREC Procurement Program webinar is posted here:
A webinar covering the scope of the 2013 SRECDelaware solicitation process will be held on Thursday, 3/21/2013 at 2 pm ET. Interested parties may sign up for the webinar here: https://srectrade.clickwebinar.com/SRECDelaware_2013_Program/register The webinar will cover the 2013 solicitation rules and requirements as well as address frequently asked questions. The webinar recording will be placed on SRECDelaware.com, available to anyone that is not able to attend the live webinar.
2013 SREC Procurement Auction News Release FOR IMMEDIATE RELEASE For SEU Contact: Tony DePrima (302) 883-3038 For SRECTrade Contact: Kevin Quilliam (877) 466-4606 DELAWARE’S SUSTAINABLE ENERGY UTILITY TO OFFER 2ND ANNUAL SOLAR RENEWABLE ENERGY CREDIT AUCTION SRECTRADE SELECTED TO MANAGE SECOND SOLAR CREDIT AUCTION Wilmington, DE, March 8, 2013 –The Delaware Sustainable Energy Utility (SEU), announced today the dates for the commencement of its 2nd Solar Renewable Energy Credit Procurement auction. The application process will commence on March 25th and accept applications … Continue reading
I have a system that used Delaware labor and/or equipment but was registered before August, 2010 when the law passed granting the DE labor/equipment bonus. Can I bid my system as DE labor/equipment in the solicitation? The Delaware Public Service Commission (PSC) certifies all Delaware solar systems, including certification that a system meets the DE labor/equipment requirements. In order to be accepted in the solicitation as a DE labor/equipment system, pre-Aug 2010 systems must contact the Delaware PSC and submit … Continue reading
Is there a date that limits existing systems, or can any system that has ever been installed compete in the existing system tiers? Any system with a Delaware solar registration number that has an interconnection date before April 2nd, 2012 can compete as an existing system. Systems with interconnection dates of April 2nd, 2012 and later will compete as new systems. Is the receipt of grant money taken into account when determining award prices or winners? No. Any grants or … Continue reading
Program summary and details for the 2013 Delaware SREC Procurement have been posted on the SRECDelaware website. A webinar will be held on March 21st which will cover the solictation process and offer an opportunity to ask questions about the Procurement process. Applications will be accepted starting March 25th and running through April 12th. All tiers will be bid based on price, so applications can be accepted at any time during the open period without impacting a bid’s chance of … Continue reading
The 2013 Delaware SREC solicitation has been approved by the Public Service Commission. The solicitation will be held on the SRECDelaware.com platform. The auction platform will begin accepting applications on March 25th and close on April 12th. Results are anticipated to be released on April 19th. Details on the auction structure will be posted at SRECDelaware.com the week of Feb 11th. The Delmarva Power and Light approved filing can be found on the Delaware PSC website along with PSC Order 8281 approving … Continue reading
Existing systems accepted in the SRECDelaware program are eligible to sell all existing SRECs generated after June 1st, 2011 at their contract price. In order to exercise this option, systems must move the SRECs they wish to sell into the SRECDelaware PJM-GATS account. Please note that this is a separate requirement from the PJM-GATS schedule A, PJM-GATS will not move existing SRECs from your account unless they system owner initiates the transfer from within their PJM-GATS account. Accepted system owners wishing to … Continue reading
Final results are now available for Tier 2B and Tier 3 For Tier 2B, the high winning bid price was $139.00, the low winning bid price was $120.00, and the weighted average bid price was $130.92. For Tier 3, the high winning bid price was $176.00, the low winning bid price was $148.00, and the weighted average bid price was $154.45. The winning projects in order of application number are: Tier 2B Tier 3
Transfer Agreements are available for all systems that were winning bids in the Pilot Program Solicitation. Winning bidders can log into their dashboard where they can complete the Agreements online, print and sign the agreement, and then either scan and upload or fax the completed agreements back. Signed Transfer Agreements are due by May 25th.