Author: SRECTrade

2013 Results to be Announced, Wednesday, 5/1/2013

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.

2013 Preliminary Results To Be Announced

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:

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Frequently Asked Questions 3/28/2013

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.

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Frequently Asked Questions 2/19/2013

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.

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Program Details for 2013 DE procurement available at www.SRECDelaware.com

Program summary and details for the 2013 Delaware SREC Procurement have been posted on the SRECDelaware website. A webinar will be held on March 21st which will cover the solictation process and offer an opportunity to ask questions about the Procurement process. Applications will be accepted starting March 25th and running through April 12th. All tiers will be bid based on price, so applications can be accepted at any time during the open period without impacting a bid’s chance of winning.

Transfer of Existing SRECs

Existing systems accepted in the SRECDelaware program are eligible to sell all existing SRECs generated after June 1st, 2011 at their contract price.  In order to exercise this option, systems must move the SRECs they wish to sell into the SRECDelaware PJM-GATS account.  Please note that this is a separate requirement from the PJM-GATS schedule A, PJM-GATS will not move existing SRECs from your account unless they system owner initiates the transfer from within their PJM-GATS account.  Accepted system owners wishing to sell any SRECs generated between June 1st, 2011 and today, please complete the following steps by Friday, June 15th.

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Transfer Agreements Available

Transfer Agreements are available for all systems that were winning bids in the Pilot Program Solicitation.  Winning bidders can log into their dashboard where they can complete the Agreements online, print and sign the agreement, and then either scan and upload or fax the completed agreements back.  Signed Transfer Agreements are due by May 25th.

Bid Deposit Returns

We will begin processing bid deposit returns for unsuccessful bids the week of April 23rd.  All bid deposits will be returned using the direct deposit information provided during the application.  Anyone requiring a revocation of a letter of credit or bid bond should contact delaware@srectrade.com directly.

Tier 1 and 2A Closed

Tier 1 and 2A were fully subscribed by 5:00 PM EST on Friday, as a result both tiers were closed at that time.  All applications for Tier 1 and 2A must have been received by 5:00 on Friday and all bid deposits must have been initiated prior to that time.  We will continue to update applications status as bid deposits are received on Monday and will contact any facilities requiring minor corrections during the week of April 9-13.

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