Solar Renewable Energy Credits

 In January 2005, the District of Columbia (D.C.) Council enacted a Renewable Portfolio Standard (RPS) with a solar carve-out that applies to all retail electricity sales in the District. In October 2008 the RPS was amended by the Clean and Affordable Energy Act (CAEA) of 2008. Significantly, this legislation increased the percentage and number of benchmarks that utilities must meet, included solar water heating as an eligible technology, increased the alternative compliance payment and amended reporting requirements. The solar requirements began in 2007 at 0.005% of retail electricity sales and increase annually towards an ultimate target of 2.50% solar by

Last Update

LADWP - Feed-in Tariff (FiT) Program

Through the Feed-in Tariff (FiT) program, LADWP is purchasing energy for up to 20 years from solar V and non PV technologies through a standard offer power purchase agreement. Participating in the program conveys to the utility all energy, capacity rights, and environmental attributes associated with the project.

As of August 2024, the price per kWh varies as shown below:

 Project Capacity  In-Basin PV In-Basin Non-PV Owens Valley PV
 30 kW - 500 kW   $0.145 per kWh

 $0.115 per kWh

 $0.115 per kWh

 > 500 kW - 3 MW

 $0.140 per kWh  $0.110 per kWh  Not Available
 > 3 MW  $0.135 per kWh  $0.105 per kWh    Not Available 


Last Update

Eversource - Small ZREC Tariff

Note: Eversource will open the Year 7 Small ZREC Tariff Program on Monday, April 1, 2019 at 1 p.m. Eastern. Therefore, the two-week window (as described in the posted Rules & Process for Submitting Applications for the Small ZREC Tariff below) will close at 1 p.m. Eastern on Monday, April 15, 2019.

In July 2011, Connecticut enacted legislation amending the state's Renewables Portfolio Standard and creating two new classes of renewable energy credits (RECs): Zero Emission Renewable Energy Credits (ZRECs) and Low Emission Renewable Energy Credits (LRECs). A Zero Emission Renewable Energy Facility is one that produces no emissions, such

Last Update

The United Illuminating Company - Small ZREC Tariff

In July 2011, Connecticut enacted legislation amending the state's Renewables Portfolio Standard and creating two new classes of renewable energy credits (RECs): Zero Emission Renewable Energy Credits (ZRECs) and Low Emission Renewable Energy Credits (LRECs). A Zero Emission Renewable Energy Facility is one that produces no emissions, such as solar, wind, or hydro. Owners of these facilities have an opportunity to sell their ZRECs to the utility at a fixed price for a period of 15 years. 

In coordination with the state's other investor-owned utility, the United Illuminating (UI) Company offers owners of small ZREC projects (less than or equal

Last Update

Solar Alternative Energy Credits

Pennsylvania's Alternative Energy Portfolio Standard (AEPS), created by S.B. 1030 on November 30, 2004, requires each electric distribution company (EDC) and electric generation supplier (EGS) to retail electric customers in Pennsylvania to supply roughly 18% of its electricity using alternative-energy resources -- roughly 8% from Tier I technologies and 10% from Tier II technologies -- by 2021. The standard also contains a solar set-aside requiring obligated entities to procure a small percentage of their electricity sales from photovoltaic (PV) systems as part of the Tier I requirement. As with the other components of Pennsylvania's AEPS, the percentage requirement ramps

Last Update

Standard Offer Program

*According to the VEPP program, the 2022 RFP was the final solicitation year for the Standard Offer program, until further notice from the Vermont Public Utility Commission.

Background

In May 2009, Vermont enacted legislation requiring all Vermont retail electricity providers to purchase electricity generated by eligible renewable energy facilities through the Sustainably Priced Energy Enterprise Development (SPEED) Program via long-term contracts with fixed standard offer rates. This policy, commonly known as a "feed-in tariff", is intended to provide a reasonable return on investment to renewable energy facility developers, thereby spurring deployment of renewable energy. In June 2015, Vermont enacted legislation

Last Update

Solar Renewable Energy Certificates (SREC-II)

Note: Massachusetts is in the process of implementing a new solar incentive program - the Solar Massachusetts Renewable Target (SMART) program - to follow the SREC II program. 

Massachusetts' renewable portfolio standard (RPS) requires each regulated electricity supplier/provider serving retail customers in the state* to include in the electricity it sells 15% qualifying renewables by December 31, 2020. Legislation enacted in July 2008 (S.B. 2768) significantly expanded the RPS, establishing two separate renewable standards -- a standard for “Class I” renewables and a standard for “Class II” renewables. The Massachusetts Department of Energy Resources (DOER) regulates the RPS and developed

Last Update

NIPSCO - Feed-In Tariff

Note: As of September 2023, the intermediate solar category is closed to new applications. Other categories remain open.

NIPSCO is offering a feed-in tariff program for customers who generate electricity from solar, wind, or biomass. All NIPSCO electric customers in good standing are eligible for the program. Facilities must be between 3 kilowatts (kW) and 1 megawatt (MW), must be insured, and must meet interconnection standards. Payments are made to the customer on a monthly basis. Applications are available on the web site, as well as engineering standards and tariff information.

There is a non-refundable processing fee of $25 plus

Last Update

Feed-in-Tariff

Note: This program is closed to new applications. The summary below is for informational purposes only. 

In September 2009, the Hawaii Public Utilities Commission (PUC) issued a decision that established a feed-in tariff in Hawaii. The feed-in tariff is offered by the three investor-owned utilities: HECO, MECO and HELCO. The rates for the feed-in tariff, schedule, and standard interconnection agreements were approved on October 13, 2010. This program will be reviewed by the PUC two years after the start of the program and every three years thereafter. The FIT for Tiers 1 and 2 opened November 17, 2010 for HECO

Last Update

Solar Renewable Energy Credits

Note: The Illinois Power Agency's proposed 2016 procurement includes one-year SREC procurements of 34,207 SRECs for Ameren, 69,866 SRECs for ComEd, and 13,225 SRECs for MidAmerican. It also includes separate five-year distributed generation (DG) REC procurements of 7,767 DG RECs for Ameren,16,294 DG RECs for ComEd, 2,204 DG RECs for MidAmerican. See the IPA website and Docket 15-0541 for more information on procurement plans.

In August 2007, Illinois enacted legislation (Public Act 095-0481) that created the Illinois Power Agency (IPA). The agency’s purpose is to develop electricity procurement plans for investor-owned electric utilities (EUs) supplying over 100,000 Illinois customers to

Last Update
Subscribe to