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SREC Procurement Program (Delaware)
EZFeed/Relevant Yes  +
Incentive/Active true  +
Incentive/Amt Market bid price for the first 7 years, 35 for the next 13 years.  +
Incentive/ApplDsc Commercial  + , Industrial  + , Residential  + , Nonprofit  + , Schools  + , Local Government  + , Utility  + , Agricultural  + , Institutional  +
Incentive/Auth2Code 26 Del. C. § 351 et seq.  +
Incentive/Auth2DtEnact 07/21/2005 (subsequently amended)  +
Incentive/Auth2Link http://delcode.delaware.gov/title26/c001/sc03a/index.shtml#P11_150  +
Incentive/Auth3Code Delaware PSC Order 8093  +
Incentive/Auth3Link http://depsc.delaware.gov/orders/8093.pdf  +
Incentive/Auth4Code Delaware PSC Order 8281  +
Incentive/Auth4DtEnact 2013-01-22  +
Incentive/Auth4Link http://depsc.delaware.gov/orders/8281.pdf  +
Incentive/AuthCode Delaware PSC Order 11-399  +
Incentive/AuthDtEnact 2012-02-21  +
Incentive/AuthLink http://depsc.delaware.gov/electric/11399 Pilot Prog 2-21-12.pdf  +
Incentive/ContAddr 109 South State Street  +
Incentive/ContDept Delaware Sustainable Energy Utility  +
Incentive/ContEmail tony.deprima@deseu.org  +
Incentive/ContName Tony DePrima  +
Incentive/ContPhone (302) 883-3038  +
Incentive/ContPlace Dover, Delaware  +
Incentive/ContWebsite http://www.energizedelaware.org  +
Incentive/ContZip 19901  +
Incentive/EligSysSize Up to 2MW  +
Incentive/EnergyCat Renewable Energy Incentive Programs  +
Incentive/ImplSector State/Territory  +
Incentive/InstallReqs SRECs must be certified in Delaware  +
Incentive/MaxInc Additional 10% bonus for parts and 10% bonus for labor that is based in Delaware.  +
Incentive/Name SREC Procurement Program  +
Incentive/ProgAdmin Delaware Sustainable Energy Utility (SEU)  +
Incentive/StartDate April 2, 2012  +
Incentive/StartDateString 2012-04-02  +
Incentive/Summary The Delaware Solar Renewable Energy Certif
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 in[http://depsc.delaware.gov/electric/rpsact.pdf Delaware'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 24<sup>th</sup>, 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 24<sup>th</sup>, 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/TechDsc Photovoltaics +
Incentive/Terms 20 year contract term.  +
Incentive/Type Performance-Based Incentive +
OpenEI/PageDescription SREC Procurement Program: energy incentive program.  +
OpenEI/PageKeyword Energy Incentives  + , Delaware  + , Performance-Based Incentive  + , Delaware Sustainable Energy Utility (SEU)  +
Place Delaware: Energy Resources +
Website http://www.srecdelaware.com  +
Categories Financial Incentive Programs , Pages using duplicate arguments in template calls , Pages with reference errors , Incentive with Contacts , Incentive with Authorities
Modification date
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00:52:06, 13 February 2015  +
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