Illinois Power Agency Workshop on Supplemental Photovoltaic Procurement Plan

25 Jul 2014 11:53 AM | Anonymous

Workshop Announcement: Supplemental Photovoltaic Procurement Plan


August 7, 2014 10 am to 3 pm

160 N. LaSalle Street, 5th Floor Chicago, IL


On August 7, 2014 the Illinois Power Agency (“IPA”) will hold a public workshop pursuant to Section 1-56(i)(1) of the Illinois Power Agency Act.1


The IPA will be developing a supplemental procurement plan to purchase solar renewable energy credits using up to $30 million from the Renewable Energy Resources Fund. This workshop will provide an opportunity for the IPA to present an overview of Section 1-56(i), discuss key issues, and receive feedback from interested stakeholders.2


A full agenda will be released prior to the Workshop. The IPA expects the Workshop will have two sessions, one from 10am to noon, and one from 1pm to 3pm.


Please RSVP to Anthony Star at: Anthony.star@illinois.gov. Pleases note that a government- issued photo ID is required for entry into the building. A call-in number will be available upon request.

Section 1-56(i) Timeline:


August 7, 2014 : Public workshop

September 29, 2014 : IPA releases draft plan

October 14, 2014  : Deadline for comments on draft plan

October 28 2014 : IPA files revised draft plan with the Illinois Commerce Commission Deadline for Illinois Commerce 

January 26, 2015 : Commission approval of plan


1 Section 1‐56(i) of the Illinois Power Agency Act is a new subsection enacted pursuant to Public Act 98‐0672 which has an effective date of June 30, 2014. Subsection 1‐56(i)(1) reads in part, “In developing the supplemental procurement plan, the Agency shall hold at least one workshop open to the public within 90 days after the effective date of this amendatory Act of the 98th General Assembly and shall consider any comments made by stakeholders or the public.”

2 Please note that the IPA held a workshop on June 12, 2014 regarding matters related to Distributed Generation and subsequently issued a Request for Comments. Materials from that workshop and the responses to the Request for Comments are available on the IPA website under “Energy Procurement/Plans Under Development.” 

Webinar Q&A

Q: There is a 2% limit on rate increases. Are you sure this is not a problem? The rate increase is in reference to the total procurement, so we do not anticipate it being an issue.


Q: I am a homeowner. Your invitation stated you may have some new information concerning Gov. Rauner's budget. That's what I'm particularly interested in. The proposed budget for 2015/2016, at this time has eliminated rebates and grants. ISEA’s position is that we will continue to advocate for the continuation of this program. There is also a legislative bill that has proposed an extension to this program through 2020 which we support and will continue to track.


Q: Can you provide an REC typical value for an average sized home with this proposed declining block program? I have a hard time explaining the value of RECs. Since Illinois has not had a REC price in the past, it’s difficult to estimate what the initial market value may be. The supplemental procurement will go a long way in establishing Illinois REC market prices. In the meantime, the Illinois Power Agency (IPA) will continue to research other markets to make the best decisions for the Illinois market. The goal, of course, is to install solar, and the purpose of the REC is to incentivize solar purchases and ensure pricing makes economic sense. As a reminder, there’s still a bit of the process left before we see what price RECs will have in Illinois. Once the legislation has been passed, and the REC price is published, we’ll update as needed.


Q: What recs are available for people who installed solar systems in 2014? If the system was energized prior to January 21, 2015, you qualify for the regular procurement event in September 2015.


Q: Does Exelon nuclear energy qualify as renewable energy with the 35% by 2030? It does not. Renewable energy is defined within the statute and includes wind, solar, and biofuels. More information can be found at http://www.ilga.gov/legislation/fulltext.asp?DocName=&SessionId=88&GA=99&DocTypeId=HB&DocNum=2607&GAID=13&LegID=88134&SpecSess=&Session=

It is important to note that the Clean Jobs Bill, not to be confused with other energy bills, is the only bill that focuses on renewable energy while producing 32000 jobs per year.


Q: Will clean energy that has already been produced from existing systems be considered for auction? No. The RECs will only be from the contract date of the accepted bid moving forward.


Q: If I plan to install more solar panels in 2015, are IL rebates still available, or is it dependent on Governor Rauner's budget proposal? The program for the 2014/2015 fiscal year is closed. So any future rebate availability will depend on the budget proposal. However, consider the procurement events of 2015/2016 as potential funding sources.  This scenario strongly highlights why we need to pass the Clean Jobs Bill (HB2607/SB1485) as it will provide a way to raise the status of renewable energy to equal that of all other forms of energy. Thus, any perceived dependence on rebates and grants will be removed.


Q: Evidently the 2014/20­15 rebates were frozen. Is that still the case? At this time, rebate decision letters have gone out, clarifying which will be paid and informing the owners that no further extensions will be granted.


Q: When will the specific process of solar customers contracting to be paid for future SRECs in place of the Illinois DCEO Rebate program be rolled out?­ The first supplemental procurement will be June 18, 2015. Aggregators are already available. We have a list of preferred companies here http://www.illinoissolar.org/SRECTrade-FAQ


Q: Once the REC schedule is defined, can you post some investment payback time scenarios on the ISEA blog, including the declining block ­ to let people know what is a realistic investment outlook?

We will try, however, we don’t anticipate seeing any information on this until early to mid 2016.



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