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:
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 as it becomes available.
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:
The auction requires that I transfer my SRECs in GATS to the SRECDelaware GATS account. How do I do this?
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.
The final price results of the 2013 Delaware Procurement are:
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.
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 SRECDelaware Program filing with the Delaware Public Service Commission.
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 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.
A webinar covering the scope of the 2013 SRECDelaware solicitation process will be held on Thursday, 3/21/2013 at 2 pm ET.
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?
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.