Photovoltaic Deeming Formula Sample Clauses

Photovoltaic Deeming Formula. Renewable Energy Certificates for Small Generation Units: Photovoltaic In order to create RECs from your small generation unit using the deeming formula, the unit must be installed on or after 1 April 2001. If the unit was installed before 1 April 2001 you may still be eligible for RECs from the unit but you must apply to ORER to become a registered person intending to accredit a power station and for the generation unit to become an accredited power station. Application forms are available from xxxx://xxx.xxxx.xxx.xx/xxxxx/xxxxx.xxxx#xxxxxxxxx. RECs from such units can not be assigned to agents. To establish how many certificates you may be eligible to create from your photovoltaic unit you should refer to the Zone Rating table and Postcode Zone table listed below. 1. Establish your postcode zone by using the ‘Postcode Zones for Photovoltaic systems' (Table 1). 2. Once you have established your postcode zone you will be able to establish your zone rating for your photovoltaic zone by referring to Table 2. 3. To calculate the annual number of RECs your system is eligible for you multiple the zone rating by the rated power output (in kWp) of your unit. You can find the rated power output of your unit in the specifications provided by the unit manufacturer. Please ensure that you use the exact figure that applies to your particular model. zone rating X rated power output in kWp = annual number of eligible RECs or the kW capacity of your PV system 4. Multiply the annual number of eligible RECs by one year or five years depending on the period over which you wish to create RECs. 5. You must round down the final number of eligible RECs to the nearest whole number. Note: If you calculate that you are entitled to more than 25 RECs per year, in step 3, your system does not qualify to be a deemed unit under the Act. However, you may be eligible to create RECs for the unit by applying to ORER to become a registered person intending to accredit a power station and for the generation unit to become an accredited power station. Application forms are available from xxxx://xxx.xxxx.xxx.xx/xxxxx/xxxxx.xxxx#xxxxxxxxx. RECs from such units can not be assigned to agents.
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