Monthly Update of Solar Generator Certification

As of January 1, the solar energy systems eligible for the District’s RPS solar requirement include 9,901 solar PV (including 219 CREFs) and 112 solar thermal systems in the District.  District solar PV certifications have increased by about 26% compared to the same period last year, while solar thermal systems remain unchanged over the same period.
In addition, 2,942 solar energy systems outside of the District are eligible—up nearly 10% from a year ago due to systems in Maryland on cross-border feeders.  The total reported capacity associated with these systems is about 191.8 MW, of which roughly 154.7 MW is located within the District.  Recent pricing on Flett Exchange show DC SRECs is currently trading around $382.50.  The recent bid price on SRECTrade is $395.  Pricing is unchanged from last month’s report.