The Delaware SREC Spot Auction has concluded, purchasing 3622 SRECs at a weighted average price of $80.24 per SREC. All bidders have been individually contacted regarding the status of their bid. Payments will be initiated by ACH direct deposit by July 23rd.
Delaware SREC Program
The 2014 Delaware SREC spot auction will continue to accept orders until July 7th at 5:00 PM EST. The auction will accept May, 2014 Delaware SRECs, which were created by GATS on July 1st.
The 2014 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 June 25th until 5:00 PM EST on July 7th. SRECs generated from June 2010 onward are eligible for the auction. Delmarva Power anticipates purchasing between 2,000 and 6,000 SRECs to meet their 2013/14 Renewable Portfolio Standard obligation in Delaware. All SRECs bid into the auction must be … Continue reading
The 2014 Delaware SREC Procurement Solicitation results have been announced. All winning systems have been notified by email and on their SRECDelaware.com dashboard. Transfer Agreements for all winning systems must be completed by July 1st and can be downloaded by logging into your SRECDelaware account. Detailed instructions for completing the Transfer Agreement can be found here. The results by tier are as follows: Tier Low … Continue reading
A second Delaware SREC Procurement webinar will be held on Thursday, May 8th at 12:30 EST. Participants can register here. This webinar will cover the same material as the first webinar held on May 1st, and is designed for those who may have missed the first webinar or who have additional questions after starting the application process.
The May 1st webinar presentation is now available - 2014 SRECDelaware Presentation
The Delaware Public Service Commission has approved Delmarva Power’s 2014 SREC solicitation filing. The 2014 solicitation will be held according to the following schedule: April 16th – Information on 2014 Solicitation posted at SRECDelaware.com May 1st – Webinar for 2014 Solicitation May 5th – Solicitation bid window opens at SRECDelaware.com May 23rd – Solicitation bid window closes May 27th – Solicitation results announced In addition to the regular 2014 SREC solicitation, the Delaware Sustainable Energy Utility (SEU) and the Delaware Department … Continue reading
The Delaware Renewable Energy Taskforce has completed its work on the 2014 Delaware SREC solicitation design. The Taskforce’s work is now in the regulatory stage which requires a Public Service Commission (PSC) filing by Delmarva Power and Light and subsequent approval by the PSC. The 2014 solicitation is planned for the Spring of 2014, however exact timing and details are dependent on the filing and approval process. Information on the 2014 solicitation will published on the SRECDelaware website as soon … Continue reading
The 2013 SRECDelaware Spot Auction has concluded. A total of 2978 SRECs were purchased out of a total of 5394 offered. The weighted average price of SRECs sold was $33.94, with a low price of $1.50 and a high of $45.00. All successful sellers will receive notification emails and payment by June 7th. Unsuccessful sellers will have their SRECs returned to their PJM-GATS accounts by May 24th.
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.
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 http://www.phpaide.com/download.php?langue=fr&id=13 SREC Procurement Program webinar is posted here: http://www.youtube.com/watch?v=cRVrtbyZDxU