Monthly Update of Solar Generator Certification

As of April 1st, the solar energy systems eligible for the District’s RPS solar requirement include 12,318 solar systems (including 308 CREFs) in the District.  Total District solar certifications have increased by about 16% compared to the same period last year.  In addition, 3,385 solar energy systems outside of the District are eligible—up about 11% from a year ago due to systems in Maryland on cross-border feeders.  The total reported capacity associated with these systems is about 237 MW, of which roughly 194 MW is located within the District.  Recent pricing on Flett Exchange show DC SRECs are currently trading around $400.  The recent bid price on SRECTrade is $415.