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What you need to know
in
Pennsylvania
$37
Example: If a credit is generated July 2024, how long before it expires?
Monthly with one month delay in payment
PA AECs require Solar
On October 30, 2017, Pennsylvania passed legislation to end the eligibility of any solar systems that are not Pennsylvania-sited for the PA SREC market (otherwise known as AECs). Those systems are eligible to enter the PA Tier I REC market.
The following renewable energy sources are eligible to produce Class I RECs:
- Solar photovoltaic and solar thermal energy
- Wind power
- Low-impact hydropower
- Geothermal Energy
- Biologically derived methane gas
- Fuel cells
- Biomass Energy
SREC Program Details in
Pennsylvania
An AEC is created each time a qualified alternative energy facility produces 1,000 kWh of electricity. The AEC is then sold or traded separately from the power and allows EDCs and EGSs to procure AECs to meet their compliance obligations. Solar Alternative Energy Credits (AECs) are similar to SRECs but in the state of Pennsylvania.
Currents serves as a broker between certified alternative energy generators (homes and businesses with solar) and Pennsylvania’s electricity distribution companies (EDCs) or electricity generation suppliers (EGSs).
AECs are tracked and transferred using the PJM Environmental Information Services Inc. (PJM-EIS) Generation Attribute Tracking System (GATS).
The verified meter reading submitted at the time of application will be the starting point to earn AECs. Facilities with 15 kW DC capacity or less, interconnected prior to May 18, 2017, that did not receive funding from the PA Sunshine program, and do not have a Revenue Grade Meter may be eligible to produce SRECs (Solar AECs) from estimated generation based on PV Watts estimates.
A facility must use actual, metered production if the facility is equal to or greater than 15kW, has a revenue-grade PV meter installed, or if the facility is composed of adjustable tilt PV modules or laminate PV modules, or if the facility was interconnected on or after May 18, 2017.
The SREC Process
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