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SRECTRADE | VIRGINIA SREC MARKET UPDATE « SRECTRADE BLOG Regarding the market’s potential SREC value, the solar alternative compliance penalty (SACP) has been set at $75 in 2021 for the DG solar carve-out portion of the market and will increase by 1% annually thereafter. The SACP is the value the utilities must pay per MWh if the appropriate number of RECs are not purchased, thus acting as asoft
SRECTRADE | SREC MARKETS | DISTRICT OF COLUMBIA | DC The Solar Alternative Compliance Payment (SACP) is the penalty price that electricity suppliers must pay per SREC if they fail to file the required number of SRECs by the end of each compliance period. The DC SACP is set at $500 per SREC through 2023 declining thereafter, asshown below.
SRECTRADE | SREC MARKETS | NEW JERSEY | NJ Solar Requirement. 5.1% of the state's electricity usage in 2023 and declining thereafter. Meter Readings. Effective November 30, 2012, all solar facilities are required to have a revenue grade meter and must report meter readings in order to produce SRECs. SRECTRADE | SREC MARKETS | VIRGINIA | VA Virginia. Home > SREC Markets > Virginia. Virginia does not currently have a viable SREC market as there is no solar carve-out. For a period of time before January 2011, VA systems were eligible to apply to the DC SREC market. Markets for VA systems. SRECTRADE | SREC MARKETS | NEW HAMPSHIRE | NH The New Hampshire Public Utilities Commission (PUC) created the basis for an SREC market in New Hampshire beginning in 2010. The Electric Renewable Portfolio Standard Act specifies that Load Serving Entities (LSEs) must create .04% of their total power through solar generation, or buy an equivalent amount of SRECs to compensate. SRECTRADE | SREC MARKETS | MICHIGAN | MI Home > SREC Markets > Michigan. Michigan does not currently have a viable SREC market as there is no solar carve-out. However, solar owners in Michigan are eligible to participate in the OH SREC market. Markets for MI systems. SRECTRADE | WHAT HAPPENED TO THE NORTH CAROLINA SREC A few factors impair the viability of the North Carolina market: 1) The absence of both an SACP and transparent market prices make it difficult for projects to find viable SREC-based financing. 2) There is a shortage of buyers. The two main buyers, Duke Energy and Progress Energy, which serve 65% of NC utility customers and provide 71% of the SRECTRADE | HOMECLIENTSMARKETSABOUTBLOGCREATE ACCOUNTLOGIN Software. We provide a cloud based technology platform to register clean energy assets. With SRECTrade's software, clients can easily manage certifications, track commodity details, and view transaction histories in a centralized account. LOGIN | SRECTRADECREATE AN ACCOUNTFORGOT PASSWORDSUPERIOR CLEAN ENERGY MANAGEMENTLOGINRESIDENTIAL 2021 SRECTrade, Inc. All Rights Reserved. SRECTRADE | SREC MARKETS The SREC program provides a means for Solar Renewable Energy Certificates (SRECs) to be created for every megawatt-hour of solar electricity created. The SREC is sold separately from the electricity and represents the "solar" aspect of the electricity that was produced. The value of an SREC is determined by the market subject tosupply and
SRECTRADE | VIRGINIA SREC MARKET UPDATE « SRECTRADE BLOG Regarding the market’s potential SREC value, the solar alternative compliance penalty (SACP) has been set at $75 in 2021 for the DG solar carve-out portion of the market and will increase by 1% annually thereafter. The SACP is the value the utilities must pay per MWh if the appropriate number of RECs are not purchased, thus acting as asoft
SRECTRADE | SREC MARKETS | DISTRICT OF COLUMBIA | DC The Solar Alternative Compliance Payment (SACP) is the penalty price that electricity suppliers must pay per SREC if they fail to file the required number of SRECs by the end of each compliance period. The DC SACP is set at $500 per SREC through 2023 declining thereafter, asshown below.
SRECTRADE | SREC MARKETS | NEW JERSEY | NJ Solar Requirement. 5.1% of the state's electricity usage in 2023 and declining thereafter. Meter Readings. Effective November 30, 2012, all solar facilities are required to have a revenue grade meter and must report meter readings in order to produce SRECs. SRECTRADE | SREC MARKETS | VIRGINIA | VA Virginia. Home > SREC Markets > Virginia. Virginia does not currently have a viable SREC market as there is no solar carve-out. For a period of time before January 2011, VA systems were eligible to apply to the DC SREC market. Markets for VA systems. SRECTRADE | SREC MARKETS | NEW HAMPSHIRE | NH The New Hampshire Public Utilities Commission (PUC) created the basis for an SREC market in New Hampshire beginning in 2010. The Electric Renewable Portfolio Standard Act specifies that Load Serving Entities (LSEs) must create .04% of their total power through solar generation, or buy an equivalent amount of SRECs to compensate. SRECTRADE | SREC MARKETS | MICHIGAN | MI Home > SREC Markets > Michigan. Michigan does not currently have a viable SREC market as there is no solar carve-out. However, solar owners in Michigan are eligible to participate in the OH SREC market. Markets for MI systems. SRECTRADE | WHAT HAPPENED TO THE NORTH CAROLINA SREC A few factors impair the viability of the North Carolina market: 1) The absence of both an SACP and transparent market prices make it difficult for projects to find viable SREC-based financing. 2) There is a shortage of buyers. The two main buyers, Duke Energy and Progress Energy, which serve 65% of NC utility customers and provide 71% of the SRECTRADE | SREC MARKETS The SREC program provides a means for Solar Renewable Energy Certificates (SRECs) to be created for every megawatt-hour of solar electricity created. The SREC is sold separately from the electricity and represents the "solar" aspect of the electricity that was produced. The value of an SREC is determined by the market subject tosupply and
SRECTRADE | GETTING STARTED « SRECTRADE BLOG 4c. Create an account online with SRECTrade: This is the simplest step of all. Complete the online form to create your account and when your SRECs are available in your tracking account, log into your SRECTrade account, select the “Orders” link and place an offer to sell yourSRECs. 5.
SRECTRADE | SREC MARKETS | PENNSYLVANIA | PA The Pennsylvania Public Utilities Commission will be reviewing the Act and issuing an Order regarding eligibility in the program in the coming months. For a period of time before January 2011, PA-sited systems were eligible to apply to the DC SREC market; today, PA-sited systems are only eligible for PA and OH. Markets for PA Systems. SRECTRADE | SREC MARKETS | OHIO | OH SACP. The Solar Alternative Compliance Payment (SACP) is the penalty price that electricity suppliers must pay per SREC if they fail to file the required number of SRECs by the end of each compliance period. The OH SACP is set at $300 per SREC for 2013, declining by $50 bi-annually to a minimum of $50 in 2024. SRECTRADE | VIRGINIA « SRECTRADE BLOG Virginia SREC Market Update. Posted October 16th, 2020 by SRECTrade. On April 12, 2020, Governor Ralph Northam signed the Virginia Clean Economy Act (VCEA). This Act was passed as House Bill 1526 and Senate Bill 851. Dominion and Appalachian Power Company (APCo) now have a mandatory Renewable Portfolio Standard (RPS) in their serviceterritories.
SRECTRADE | SREC MARKETS | CALIFORNIA | CA California’s REC market is tracked by the Western Renewable Energy Generation Information System (WREGIS), which tracks renewable energy generation and creates WREGIS certificates for every REC generated. The WREGIS certificates (or RECs) are used to demonstrate compliance with state RPS policies. WREGIS serves 14 states and two Canadian SRECTRADE | SRECS AND TAXES: WHY SREC INCOME SHOULD BE The question over the taxation of SREC income has further implications because of the ITC or cash grant. If the SRECs were excluded from taxation because they are considered some sort of “subsidy,” then the cost basis of the ITC would have to be reduced by the value of the “subsidy.”. He contends that system owners might prefer to pay SRECTRADE | SREC MARKETS | MASSACHUSETTS | MA The Massachusetts Department of Energy Resources (DOER) launched the first Massachusetts SREC program in January 2010. The program, now referred to as SREC-I, was created as a Massachusetts-specific solar carve-out of the New England REC market. SRECTRADE | WHAT HAPPENED TO THE NORTH CAROLINA SREC A few factors impair the viability of the North Carolina market: 1) The absence of both an SACP and transparent market prices make it difficult for projects to find viable SREC-based financing. 2) There is a shortage of buyers. The two main buyers, Duke Energy and Progress Energy, which serve 65% of NC utility customers and provide 71% of the SRECTRADE | SREC MARKETS | FLORIDA | FL Florida. Florida does not currently have a viable SREC market as there is no solar carve-out. However, solar owners in Florida may be eligible to participate in the North Carolina SREC market. That market has not quite developed yet, but more information can be found on the North Carolina page.* Home
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