tag:blogger.com,1999:blog-85733358264406294.post593795553618405765..comments2024-01-14T07:46:57.641-05:00Comments on Going Solar: MUCH More Detail on SREC ProcessUnknownnoreply@blogger.comBlogger6125tag:blogger.com,1999:blog-85733358264406294.post-27738259788067263212010-07-10T23:35:06.655-04:002010-07-10T23:35:06.655-04:00SRECs are generated beginning the day of interconn...SRECs are generated beginning the day of interconnection approval. A little 'gotcha' to be aware of: The reporting cycle for SRECs fruns June 1 to May 31st of the following year. You are eligible to generate SRECs for 15 years, so if your system is being built on May 1st, whatever you do, wait until after May 31st to get the interconnection approval because you miss out on a whole year's worth of SRECs if you come online before May 31st. If you come online with interconnection just after May 31st, you can generate SRECs for another year (technically year 16) of the system. The last thing you want is for your system to produce a single SREC in May and have that count as one year wasted. Read more here: http://www.njcleanenergy.com/renewable-energy/tools-and-resources/faqs/srec#Anchor-What-47857Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-85733358264406294.post-52830215381053791232009-06-30T21:36:24.628-04:002009-06-30T21:36:24.628-04:00Great question, Ira. You probably know more about...Great question, Ira. You probably know more about this than I do. I had no idea about this extra bureacratic step of issuing a certification number. That doesn't sound good.<br /><br />I'll make a call tomorrow and find out about this. Thanks for pointing that out...Dave Coniferhttps://www.blogger.com/profile/08301323343822902359noreply@blogger.comtag:blogger.com,1999:blog-85733358264406294.post-24699149914297059382009-06-30T20:20:44.888-04:002009-06-30T20:20:44.888-04:00This site is terrific. I learned alot. Question? J...This site is terrific. I learned alot. Question? June 1,2009 the state inspector pass my installation. All other inspections done. I was told by the BPU that its takes a month to get the certificaton number due the large volume of paperwork involved. Will my Kilowatts counted from June 1 or the day I receive my State Certification Number?Ira Taylornoreply@blogger.comtag:blogger.com,1999:blog-85733358264406294.post-73139567545460150732009-06-17T09:58:14.385-04:002009-06-17T09:58:14.385-04:00Got it. That makes sense.
I see what you mean. I...Got it. That makes sense. <br /><br />I see what you mean. It is annoying that power companies can buy their way out of green energy, but on the other hand, the money is being passed on to the green producers (you), and should therefore encourage others to do the same (me).Mike Hallhttps://www.blogger.com/profile/15273555529136530738noreply@blogger.comtag:blogger.com,1999:blog-85733358264406294.post-24230855635261493482009-06-17T09:49:41.464-04:002009-06-17T09:49:41.464-04:00Hey, Man,
I'm glad you asked this here becaus...Hey, Man,<br /><br />I'm glad you asked this here because this is a question that comes up a lot.<br /><br />The answer is simple -- extra power that's sent back onto the grid for credit and SRECs are two different things.<br /><br />The extra power part is self-explanatory. SRECs are "golden tickets" issued by each state to solar power installations -- 1 for every 1,000 kilowatthours produced (even if that installation uses some or all of the 1,000 KWH itself). The power companies can avoid the legal requirement that they produce "green energy" by buying these SRECs -- in other words, they're buying the right to say that THEY produced it.<br /><br />I'm not really sure I approve of this arrangement, although I'm taking advantage of it. If we want to force power companies to generate green energy, we should just do that. Buying their way out doesn't achieve the policy objective except that it encourages people like me to do what I did.Dave Coniferhttps://www.blogger.com/profile/08301323343822902359noreply@blogger.comtag:blogger.com,1999:blog-85733358264406294.post-1563739770982529702009-06-17T09:22:44.185-04:002009-06-17T09:22:44.185-04:00I have a dopey question: is there a relationship b...I have a dopey question: is there a relationship between your power company and these companies that sell SREC's? <br /><br />I'm trying to wrap my head around this. <br /><br />In its simplest form, it seems like: <br />1. you're sending power into the grid; <br />2. your power company lets some guy down the street use that power; <br />3. Could the power company just put a credit on your bill every month for the power that you are selling them? Why is a third party involved? <br /><br />I'm sure I sound like a dope.Mike Hallhttps://www.blogger.com/profile/15273555529136530738noreply@blogger.com