SREC Procurement Program (Delaware)

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Last modified on February 12, 2015.

Financial Incentive Program

Place Delaware

Name SREC Procurement Program
Incentive Type Performance-Based Incentive
Applicable Sector Commercial, Industrial, Residential, Nonprofit, Schools, Local Government, Utility, Agricultural, Institutional
Eligible Technologies Photovoltaics
Active Incentive Yes
Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs
Amount Market bid price for the first 7 years, 35 for the next 13 years.

Eligible System Size Up to 2MW

Start Date 2012-04-02

Installation Requirements SRECs must be certified in Delaware

Maximum Incentive Additional 10% bonus for parts and 10% bonus for labor that is based in Delaware.

Terms 20 year contract term.
Program Administrator Delaware Sustainable Energy Utility (SEU)

References DSIREDatabase of State Incentives for Renewables and Efficiency[1]


The Delaware Solar Renewable Energy Certificate (SREC) Procurement Program is designed to assist in the creation of a market for SRECs and to provide a mechanism for the procurement of SRECs to ensure that retail electricity suppliers meet the requirements set forth inDelaware's Renewable Energy Portfolio Standards Act (REPSA).

The program utilizes a public solicitation for SRECs for different tiers of solar generators based on capacity. The Sustainable Energy Utility (SEU), contracted with InClime, will administer all aspects of the bid process for each utility that decides to participate. Delmarva Power is the only participating utility at this time; therefore, the estimates for procurement are based Delmarva Power’s projected need for SRECs in compliance year.

  • New systems are defined as having a final interconnection approval after the closing date of the preceding auction process (i.e. May 24th, 2014 for the 2015 auction). Existing systems are defined as having a final interconnection approval date before the closing date of the preceding auction process (May 24th, 2014 for the 2015 auction).

Project Eligibility

Project must be certified in DE to create SRECs and can be in the service territory of any utility in DE. SRECs created in previous energy years are not eligible for the auction. Proposed projects are required to begin operating within one year of the award date. Projects that certified using Delaware parts and labor qualify for additional 10% bonus for each category.

Program Tiers

Solicitation is divided into different tiers based on size and interconnection date. For 2014 solicitation, new projects (N-1, N-2, N-3) were projects interconnected on or after April 12, 2013 and existing projects (E-1, E-2) were projects that were connected before April 12, 2013. Each program tier have different applicable pricing, bid rules and other contract terms and conditions. Applicants can submit an application for only one tier; however, under certain limitations the SEU may accept bids from a lower tier to fill the requirements of a higher tier. The table below provides summary of program categories for the 2014 solicitation period.


Incentive Contact

Contact Name Tony DePrima
Department Delaware Sustainable Energy Utility
Address 109 South State Street
Place Dover, Delaware
Zip/Postal Code 19901
Phone (302) 883-3038


Authorities (Please contact the if there are any file problems.)

Authority 1: Delaware PSC Order 11-399
Date Enacted 2012-02-21

Authority 2: 26 Del. C. § 351 et seq.
Date Enacted 07/21/2005 (subsequently amended)

Authority 3: Delaware PSC Order 8093

Authority 4: Delaware PSC Order 8281
Date Enacted 2013-01-22

  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]


  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency" Cite error: Invalid <ref> tag; name "DSIRE" defined multiple times with different content