12 Mar '13, 4pm

Delaware To Conduct New Solar Renewable Energy Credit Auction

Delaware Sustainable Energy Utility (SEU) will commence its second solar renewable energy credit (SREC) procurement auction this month. Applications will open March 25 and close April 12. The procurement program creates a market in Delaware for the buying and selling of SRECs, which allow generators of renewable energy to sell credits to Delmarva Power for its compliance with state standards for renewable energy development. These credits can accrue automatically to solar panel owners and often can be traded and sold like stocks on the stock market, explains SREC service provider SRECTrade, which is serving as the procurement agent for the program. The procurement program for 2013 is being improved based on an ev aluation and recommendations by the Delaware Renewable Energy Task Force which made recommendations to the Public Service Commission as part of Delmarva Power's p...

Full article: http://solarindustrymag.com/e107_plugins/content/content....

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