upfront seu srec purchase program manual

SEU SREC Purchase Program Manual

SEU SREC Purchase Program Overview:

The SEU SREC Purchase Program is an upfront payment of $450/kW in exchange for the first 20 years of SRECs created by a solar system. Payments will be made on a first come, first serve, basis and the program has allocated $1,500,000 for SREC Purchases. A countdown amount will be available at the time of application in order for prospective participants to gauge the amount of funding remaining. Any systems who already have a long term contract for their SRECs, including those systems currently enrolled in the SRECDelaware Program, are not eligible for this program.

Program Requirements:

1. System must be Delaware-sited. 2. System must be less than or equal to 50kw in size. 3. System must have a final interconnection date of after August 4th, 2014. 4. System must obtain a Delaware Public Service Commission Certificate. The system must be

eligible to create SRECs under the Delaware Renewable Portfolio Standard. 5. System must not have received a Green Energy Program Grant at the pre-Aug 4th, 2014 levels.

Facilities that have not yet received their grant may opt to receive the post-Aug 4th grant in order to be eligible for the SREC Purchase Program, however they must complete a new application online at www.GreenGrantDelaware.com in order to receive the grant.

6. Systems must have an online reporting system installed and provide the login information for that system to the SEU. This system does not have to be revenue grade and may be an inverter based reporting system. The system must be maintained and operational for the 20 year life of the contract.

7. Systems must have a revenue grade meter installed. This does not have to be a revenue grade reporting meter, it can be an analog meter, however it does have to be revenue grade and installed after the inverter and measure AC output of the system. If a revenue grade reporting meter is installed, no additional revenue grade meter is required. Note that the utility installed meter is not sufficient to meet this requirement nor is the inverter based meter.

8. The customer must provide access to the system to the SEU upon reasonable request for the life of the contract, and must not impede the SEU from making modifications necessary to ensure creation of the SRECs covered under the contract.

9. Part 2 of the application must be submitted within 3 months of the interconnection date.

Application Process:

The application has two parts, an initial part (Part 1) and a final part (Part 2). Completing Part 1 shows that you have demonstrated interest in the program, but does not reserve funds. Funds will be allocated upon receipt of the Part 2 application and all of its necessary materials.

The Part 1 application requires the following information:

Property Owner and System Owner information: address, utility provider, and Taxpayer ID Rebate Recipient information Solar Array information: system size, module/inverter manufacturer, module/inverter type, system

tilt and azimuth

The Part 2 Application requires the following information:

Rebate payment information: the details of the bank account to which the rebate payment should be sent

Interconnection Details: interconnection date, Delaware PSC Certificate number, final system size, and county location of system

Online monitoring information: online monitoring manufacturer, online monitoring website, username, password

GATS Schedule A form: A signed Schedule A (provided by SEU) to allow for registration on PJM-GATS

Renewable Energy System Photo Meter Photo Transfer Agreement: A signed copy of the Transfer Agreement (provided by the SEU) ROA form: A signed copy of either the leased or non-leased ROA form (provided by SEU) to

allow for registration of the system in Pennsylvania

Any questions on the program rules or the application process can be directed to Green Grant Delaware Customer service at [email protected] or 877-453-2327.

Sample Program Documents

Agreement generated October 21st, 2014 13:49:32 UTC (#5086-pv)

2

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Cross-Out

Kevin Quilliam


SCHEDULE A

Generator Owner’s Consent

The undersigned on behalf of the Generator Owner, ____________________________,1

represents to PJM Environmental Information Services, Inc. (“EIS”) that:

1. I/we am/are the Generator Owner who holds legal title to the Generating Unit(s)

designated below.

2. I/we, the Generator Owner, (check one)

Hereby grant authority and permission to Account Holder,

__________________________________,2 to create and trade all Certificates

associated with the following Generating Unit(s), which Certificates shall also be

registered to the GATS account(s) of the Account Holder.

Hereby elect to create and trade all Certificates associated with the following

Generating Unit(s) within my own GATS account.

3. I/we, the Generator Owner, further represent that I/we have not granted similar authority

or permission to any other subscriber or account holder for use in the GATS or any

similar system.

4. I/we, the Generator Owner, understand that this Consent supersedes any and all

Consents that have been submitted prior to the Date specified herein. Any and all prior

Consents will be considered null and void and the assignment of rights terminated.

5. The assignment of rights that occurs within this Consent does not absolve the Generator

Owner from upholding any contractual obligations that exist outside of GATS.

6. By executing this Consent the Generation Owner represents it does not have any

contractual obligations that would preclude the execution of this Consent.

Generating Unit Name and Address Optional: [Generating Unit Size/System Size]

PJM MSET ID or EIA Plant Code and Generator Identifier (as applicable)

GENERATOR OWNER3

________________________________

Name: ________________________________

Title: ________________________________

Date: ________________________________

Directions for Generator Owner’s Consent

All information on this Generator Owner’s Consent must be typed or neatly printed in blue or

black ink as follows:

1. Fill in the Generator Owner’s full legal name, i.e. ABC Domestic Energy Company, Inc.

2. If first checkbox selected, fill in the Account Holder’s full legal name, i.e. ABC Domestic Energy

Company, Inc. If Generator Owner is an individual who wishes to manage their own system then

select the second checkbox.

3. If Generator Owner is a corporation, partnership or other legal entity, this Consent must be

executed by a company officer of the Generator Owner. If Generator Owner is an individual, this

Consent must be executed by the individual.

4. Return the original, completed Consent to:

GATS Administrator

c/o PJM Environmental Information Services, Inc.

2750 Monroe Avenue

Audubon, PA 19403-2497

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Typewritten Text

DESEU- SEU Upfront Purchase Program

Recognition of Assignment of AECs for Leased Facilities

Facility Name - Site Host: Site Host retains ownership to AECs

Facility Contact (Site Host):

Facility Location: Address 1

Address 2

City, State, Zip

Leasing Company – Facility ownerLeasing Co. retains ownership of Facility Leasing Co. retains ownership of AECs

Name (Leasing Company):

Phone: (Leasing Company):

Name of Leasing Company Representative

AEC owner/aggregator (If different from leasing company)Aggregator to manage AECs

AEC owner Name (Aggregator):

AEC owner Phone: (Aggregator):

Name of Aggregator Representative

Contract Expiration Date:

By signing this document, the facility owner , recognizes that theAECs generated by the facility are owned by the above named party per the terms and conditions of the formal contract between the above named parties. This document only constitutes proof of a relationship between the parties named above and does not dictate the terms of the agreement. This document is to be used by the Commonwealth of Pennsylvania to record the facility location’s name, the party which owns the AECs and the contract expiration date. Arrangement for compensation for these AECs is not defined by this contract. The Commonwealth of Pennsylvania shall not be responsible for the interactions between the facility owner and the owner of the AECs. The undersigned state that the facts set forth in this document are true and correct and understand that the statements herein are made subject to the penalties of 18 Pa.C.S. § 4904 (relating to unsworn falsification to authorities).

___________________________________________________Date:

Signature of Leasing Company Representative

___________________________________________________Date:

Signature of Aggregator/ AEC Owner (if applicable)

___________________________________________________Date

Signature of Site Host