ILLINOIS RENEWABLE ENERGY CERTIFICATE (REC) PROCUREMENTS in 2015-2016

 

 The Illinois Power Agency (IPA) will be running two different REC procurements opportunities. Both existing systems as well as new systems have the opportunity to participate and make those systems more affordable. 

  

1. The Regular Procurement is for existing systems that have been placed into service prior to January 21, 2015  This procurement event will take place in September 2015.  Learn more about this opportunity and how to participate here.

 

2. The Supplemental Procurements are for new or proposed systems, which have been placed into service on or after January 21, 2015. The Illinois Power Agency (IPA) will purchase $30 million RECs from new solar resources photovoltaic systems These procurents will take place in June 2015, November 2015, March 2016.  Learn more about this opportunity and how to participate here.

 

Don't have solar? These procurements can make solar more affordable for both residential and commercial properties. Click here for more information.


To learn more, see our most recent Policy Blog update. 

It covers the following topics:

  • DCEO State Rebate 
  • IPA SREC Payments 
  • Supplemental Procurement 
  • 2016 DG Regular Procurement 
  • Clean Jobs Bill 

Read the entire post here. 


PREFERRED AGGREGATION COMPANIES*


              

                  





              www.carbonsolutionsgroup.com


              Toll free: (866) 499-1456


              Email: contact@carbonsolutionsgroup.com      

          www.srectrade.com


          Toll free: (877) 466-4606

          Direct: (415) 763-7732

          Email: clientservices@srectrade.com

SPECIALTY


Environmental asset valuation, trading and energy forecasting, development of carbon and renewable energy projects, emissions mitigation and management, GHG Emissions Inventory, Green Building projects, as well as regulatory  and protocol advisory with regard to carbon emissions and renewable fuels



   100% SREC transaction focus


   155+ MW managed across 11,000+         systems

TRANSACTION MANAGEMENT


Online - after site upgrade is complete

   (expected by mid May)

 

 

 

  Online bid submission and system         registration for installers and system     owners.  Individualized client accounts to 

  report production and track SREC transactions

CLIENTS

         

  Residential and Commercial                       Installers 

 

          Residential and Commercial System             owners 

             

           Municipalities

              

           Utilities in a variety of settings and                    market conditions around the globe

              

_____________________________________
PROCUREMENT

 

Regular Procurement

 

Supplemental Procurement 

 

 

   

 

       

   Residential and Commercial                      Installers 

 

          Residential and Commercial System             owners 

 

          Corporate

 

          Residential & Small Commercial

 

      Developers

 


____________________________________

 

 

Supplemental Procurement Only

 

 

PAYMENT OPTIONS


    Upfront and fixed payment options with     market based pricing for existing          systems

 


 SREC payments will be made (to clients)  pursuant to the rules of the Program and via  direct deposit (ACH) to a bank account of their choice

*Companies intend to be available for all procurement events. Be sure to check with your aggregator of choice to confirm their participation. 

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