The webinar given on August 7th with detailed program instructions is now available.
The three pages listed below are great resources for customers with questions on how to complete certain tasks necessary for the program.
An instructional webinar will be held on Thursday, August 7th, 2014 at 1:30 PM. This webinar will explain how to enter a meter reading, the difference between the two types of meter readings, and how to enter bank information. This Webinar will also be posted on our website for customers to view at a later time.
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.
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 existing SRECs in PJM-GATS and must have Delaware certification numbers.
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.
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.