If you are not a customer of Knollwood Energy of MA and you have unsold SRECs, please contact us immediately!
Alane Lakritz, Managing Partner,Knollwood Renewables Inc.862-432-0259
Message from MA DOER:
Dear Solar Carve-out Stakeholder,
DOER takes this opportunity to remind stakeholders that the Solar Credit Clearinghouse Auction Accounts for both the Solar Carve-Out and Solar Carve-Out II are currently open for deposits. Deposits will continue to be accepted through the end of June 15th. If vintage 2018 SRECs are not sold or deposited into the auction as of that date, it is very unlikely that SREC owners will be able to obtain any value from them. Given current market conditions and anticipated market undersupply in both markets, DOER does not anticipate that there will be a need for deposits into either auction account (i.e. SREC I and SREC II auction account) this year. To the extent that SREC and SREC II owners are considering depositing SRECs into the auction account, DOER strongly encourages them to try to sell their SRECs into the market before the close of the fourth quarter trading period on June 15th. Given current market pricing, SRECs and SREC IIs sold outside of the auction will likely be substantially more valuable to owners and will avoid unnecessary Alternative Compliance Payments being made by Retail Electricity Suppliers. DOER has a non-comprehensive list of SREC brokers that can be contacted to help sell SREC I and SREC II certificates outside of the Auction. That list can be found here. Instructions on how to deposit SRECs into one of the auction accounts can be found here. Finally, DOER uses this opportunity to inform all RPS and Solar Carve-out Stakeholders that it has obtained a preliminary 2018 retail load obligation figure, upon which compliance obligations for 2018 will be based. For compliance year 2018, total retail sales in Massachusetts were equal to approximately 46,448,304 MWh. This number is posted here. If you have any questions, please direct them to DOER.SREC@state.ma.us.