Solar Renewable Energy Credit definition

Solar Renewable Energy Credit or "SREC" means a tradable instrument that is equal to 1 megawatt-hour of retail electricity sales in the State that is derived from Solar Photovoltaic Energy Resources and that is used to track and verify compliance with the provisions of this Regulation.
Solar Renewable Energy Credit or ("SREC") means a tradable instrument that is equal to 1 megawatt-hour of retail electricity sales in the State that is derived from solar photovoltaic energy resources and that is used to track and verify compliance with the provisions of the Renewable Energy Portfolio Standards Act, 26 Del.C.
Solar Renewable Energy Credit or “SREC” means the tradable instrument defined by 26 Del.C. §352(25) used to demonstrate compliance with the percentage requirements set forth in 26 Del.C. §354(a).

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.


More Definitions of Solar Renewable Energy Credit

Solar Renewable Energy Credit or “SREC” means the tradable instrument defined by 26 Del.C.
Solar Renewable Energy Credit or “SREC” means a tradable certificate representing the Environmental Attributes of 1000 kWh (1 MWh) of electricity generated from the Solar Energy System.
Solar Renewable Energy Credit or "REC" or "SREC" represents the Environmental Attributes associated with the production of Energy by the Solar System.
Solar Renewable Energy Credit or ("SREC") means a tradable instrument that is equal to 1 megawatt-hour of retail electricity sales in the State that is derived from solar photovoltaic energy resources and that is used to
Solar Renewable Energy Credit means a tradable instrument that is used to establish,
Solar Renewable Energy Credit means a tradable
Solar Renewable Energy Credit or “S-REC” means a REC created by a solar renewable energy system. For the purposes of these rules, S-RECs include, but are not limited to, SO-RECs.