2018 SRECDelaware December Spot Auction

The 2018 Delaware SREC spot auction will be conducted on behalf of Delmarva Power by InClime using the SRECDelaware platform. The spot auction will be open for orders from 9:00 AM EST on December 3rd until 5:00 PM EST on December 7th. SRECs generated from June 2016 onward are eligible for the auction. Delmarva Power will purchase a minimum of 10,000 SRECs to meet their Renewable Portfolio Standard obligation in Delaware. There will be a maximum price of $11 per SREC with a $1.50 commission taken out of the proceeds. All SRECs bid into the auction must be existing SRECs in PJM-GATS, must have Delaware certification numbers, and must be from facilities physically located in Delaware.

2018 Delaware Procurement Results

The 2018 Delaware SREC Procurement Results have been posted and all bidders will shortly receive the results of their bid by email. Bidders can also log on to the SRECDelaware portal to see their results. The high, low, and weighted average by tier was:

N1 N2 N3 Pool N4, E3 Pool N5, E1, E2, E4 Overall Solicitation
High $54.54 $50.00 $49.98 $10.87 $52.38 $54.54
Low $19.00 $18.47 $24.00 $10.87 $9.95 $9.95
Weighted Average $38.14 $33.78 $27.22 $10.87 $29.67 $28.50

Bid deposit returns will be initiated by ACH direct deposit on Monday, Aug 18th and should be received by Friday, Aug 24th.

2018 Delaware Procurement Program Webinar Now Available

The full webinar that was given on July 17th by the SRECDelaware staff about the 2018 SREC Delaware Procurement is now available here. This webinar gives a program overview and walks the viewer through a sample application. If you were not able to view the webinar in real-time and have questions about the 2018 Procurement Program please give us a call at 302-495-9999 or send an email to customerservice@srecdelaware.com.

Reminder: Webinar for 2018 SRECDelaware Procurement Program 7/17 at 2 PM

The Instructional Webinar for the 2018 SRECDelaware Procurement Program will be held on Tuesday, July 17th, 2018 at 2 PM EST.

The webinar will give an overview of the 2018 program, detail the changes from last year’s program, and show an example application. We will also take questions from participants.

Click here to enter the webinar.

To call into the webinar you can call 1-267-279-9000 and use the following pin: 949533#

You can also hear the audio on your computer.

If you cannot attend the webinar at the scheduled time a recording of the webinar will be posted on Tuesday afternoon for you to view. Please note this webinar is only for those who plan on bidding into the 2018 Program. If you have already won a spot in the program in the past you do not need to attend this webinar.

2018 SRECDelaware Solicitation Dates and Program Information Posted

The Delaware Public Service Commission has approved Delmarva Power’s 2018 SREC solicitation filing. The 2018 solicitation will be held according to the following dates:

  • June 20th – Information on 2018 Solicitation posted at SRECDelaware.com
  • July 17th- Instructional Webinar to be held at 2PM. Details on how to participate in the webinar will posted on the SRECDelaware website in the near future. 
  • July 23rd – Solicitation bid window opens at SRECDelaware.com at 9:00 am
  • August 3rd – Solicitation bid window closes at 5:00 PM

More information on the program and its changes from the 2017 Solicitation can be found here.

2017 Delaware Procurement Program Webinar Now Available

The full webinar that was given on May 22nd by the SRECDelaware staff about the 2017 SREC Delaware Procurement is now available here. This webinar gives a program overview and walks the viewer through a sample application. If you were not able to view the webinar in real-time and have questions about the 2017 Procurement Program please give us a call at 302-495-9999 or send an email to customerservice@srecdelaware.com.

2016 Solicitation Pricing

The following represents the pricing for the various tiers in the 2016 solicitation. All tiers except N1/E1/E2 were oversubscribed. The N1/E1/E2 tier was filled with extra SRECs from the N3 tier. In addition, Delmarva Power used their discretion under the solicitation rules to purchase an additional 2446 SRECs.

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Results of Delaware 2016 SREC Procurement Announced

Results of the Delaware 2016 SREC Procurement have been announced. Delmarva has exercised their discretion to purchase all SRECs below $100 in the combined N1, E1, and E2 tiers due to an under subscription of that tier. The remainder of the N1, E1, and E2 tier was filled with lower priced N3 bids. All other tiers were oversubscribed. Delmarva also exercised their option to purchase all SRECs priced below $95 from the oversubscribed tiers, purchasing an additional 2446 SRECs above the original 9000 SRECs, for a total of 11446 SRECs.

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2016 Delaware Procurement Program Webinar Now Available

The full webinar that was given on May 25th by the SRECDelaware staff about the 2016 SREC Delaware Procurement is now available here. This webinar gives a program overview and walks the viewer through a sample application. If you were not able to view the webinar in real-time and have questions about the 2016 Procurement Program please give us a call at 302-495-9999 or send an email to customerservice@srecdelaware.com.

2016 Delaware SREC Solicitation

We have been receiving a number of questions on the 2016 Delaware SREC solicitation and wanted to provide the latest information we have available. The 2016 solicitation is currently pending approval by the Delaware Public Service Commission of Delmarva Power’s 2016 solicitation filing. The filing is anticipated to be voted on at the May 3rd, 2016 Public Service Commission Meeting. The agenda for that meeting can be found at the PSC’s web site.

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2015 Delaware SREC Solicitation Results Posted

The 2015 Delaware SREC Solicitation results have been announced. All tiers were filled and Delmarva Power opted to accept an additional 3,000 SRECs above the original 9,000 in the base solicitation. All bidders were sent an email with a status of their bid. Bidders can also log on to their account at www.SRECDelaware.com to obtain the status of their bid. The preliminary results are as follows:

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SRECDelaware Solicitation Applications and Bid Deposits due by 5 PM Friday

The 2015 SRECDelaware Solicitation will close at 5 PM on Friday, April 24th. All applications and bid deposits MUST be submitted by 5 PM EST. If you have already submitted an application but have yet to submit your bid deposit, please be sure to do so. If you are having any issues or if you have any questions, please contact SRECDelaware staff by email at customerservice@srecdelaware.com or by phone at 302-495-9999.

Second Webinar for the 2015 SRECDelaware Solicitation to be held April 17th

The second webinar for the 2015 SRECDelaware Solicitation will be held on Friday, April 17th at 2 PM EST. Those interested in participating can register here. This webinar will be similar to the first webinar which was held on April 8th. Participants will be allowed to answer questions following the webinar. The call-in number for the webinar is +1 (267) 279-9000 and the Participant Pin is 195513#.