Examples of Solar Renewable Energy Credit in a sentence
Two major factors influencing the project financial evaluation is the variance of the prevailing energy market conditions and Solar Renewable Energy Credit (SREC) rates, with the largest impact to the payback model being the SREC credit pricing.
The ACP Rate for that portion of a Retail Electricity Supplier’s Solar Renewable Energy Credit obligations that were contractually committed or renewed prior to January 1, 2010, shall be equal to the RPS Class I ACP Rate as calculated for the applicable Compliance Year under 225 CMR 14.08(3)(a)(2).
Two major factors influencing the project financial evaluation is the variance of the prevailing energy market conditions and Solar Renewable Energy Credit (SREC) rates, with the largest impact to the simple payback model being the SREC credit pricing.
Upon designation as an Eligible Energy Resource, the owner of a Generation Unit employing Solar Photovoltaic Energy Resources shall be entitled to one (1) Solar Renewable Energy Credit (SREC) for each mega-watt hour of energy derived from Solar Photovoltaic Energy Resource.
In addition, Just Energy is entitled to other consideration of approximately US$2,000 related to cash grants that have been filed and additional contingent consideration based on the Solar Renewable Energy Credit (“SREC”) price and production of projects that were under construction as of the closing date.