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SREC II: >25kW Mechanical Completion Reminder

29 Mar 2018
Knollwood Energy
For our Installer Partners:
This is a reminder that March 31, 2018, is the deadline by which SREC II facilities over 25 kW DC must be mechanically complete or have received their permission to operate in order to qualify under current SREC Factor levels. While the SREC II program will continue to qualify eligible facilities until the SMART Program is in effect later this year, facilities larger than 25 kW DC that are mechanically complete or receive their permission to operate after March 31, 2018 will receive a reduced SREC Factor as detailed below. In order to demonstrate that a facility is mechanically complete, email Amy@Knollwoodenergy.com one of the following forms of documentation as soon as possible:
1. A Certificate of Completion, signed by the local wiring inspector; or
2. Proof the wiring inspection has been scheduled; or
3. A signed affidavit by the engineer of record stating the system is mechanically complete, including the Professional Engineer seal.
The following is a summary of applicable SREC Factors for facilities larger than 25 kW DC according to a facility’s mechanical completion date:
Market Sector
Mechanically Complete by 3/31/2018
Mechanically Complete After 3/31/2018
A (>25 kW)
0.7
0.65
B
0.6
0.55
C
0.55
0.5
Managed Growth
0.5
0.45
Important to Note: All facilities with a capacity of 25 kW DC or less will continue to be qualified with an SREC Factor of 0.8 until the SMART Program Effective Date, as defined in 225 CMR 20.00, so long as they have both received their permission to operate and we have submitted an SREC II Application.
More details on SREC Factors and deadlines can be found on the Knollwood Energy website here  and here.

All questions regarding documentation showing proof of mechanical completion should be submitted to Amy@KnollwoodEnergy.com and cc: Alane@KnollwoodEnergy.com.

About the Author
Knollwood Energy is focused on the renewable energy markets. Our goal is the expansion of renewable energy across the United States. Our many years of expertise in trading and finance will help all of our clients in either the compliance or voluntary markets.

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