Monthly Update of Solar Generator Certification

As of June 1, the solar energy systems eligible for the District’s RPS solar requirement include 10,765 solar PV (including 275 CREFs) and 109 solar thermal systems in the District.  District solar PV certifications have increased by about 25% compared to the same period last year, while solar thermal systems have decreased by about 3%.
 
In addition, 3,099 solar energy systems outside of the District are eligible—up about 12% from a year ago due to systems in Maryland on cross-border feeders.  The total reported capacity associated with these systems is about 209 MW, of which roughly 170 MW is located within the District.  This does not include the solar facilities approved as a non-solar Tier I system.  
 
Recent pricing on Flett Exchange show DC SRECs are currently trading around $320, about a 15% decrease over the past month.  The recent bid price on SRECTrade is $325.