This post is a reminder that Part 1 applications for the SEU Upfront Purchase Program will no longer be accepted starting April 1st. The deadline for submitting Part 1 applications is Friday, March 31st.
The SEU has begun the process of ending the SEU Upfront SREC Purchase Program once the $3,750,000 allocated to the program has been dispersed to eligible projects. In order to make this a smooth transition the following actions have been taken:
1. The program will stop accepting Part 1 applications on April 1, 2017. Please note that submitting a Part 1 application does not reserve any funds through the program.
2. All systems must be complete, interconnected, and have a valid Delaware State Certification Number by October 15th, 2017. We will not accept any Part 2 applications after this date. If all available funds are dispersed prior to October 15th, 2017 then we will stop accepting Part 2 applications prior to this date.
3. Funds will be allocated to submitted Part 2 applications on a first come, first serve basis.
As of February 8, 2017, $2,956,957.20 has been committed to approved applications. This leaves $793,042.80 for future approvals. Please contact Green Grant Delaware Customer Service with any questions.
DNREC’s Division of Energy & Climate has announced changes to the Green Energy Fund grant program for Delmarva Power residential customers. For the full press release please click here.
The following updates have been made to the Green Energy Fund Program effective 12/01/2016:
1. Incentives have been eliminated for solar lease/PPA projects (this is for all revenue types: residential, non-residential, and non-profit).
2. The maximum grant amount for residential customer-owned systems has decreased to $3,000 at an incentive rate of $0.50/watt up to 50 kW.
3. Energy audits will no longer be required for non-residential and non-profit existing construction projects. Energy audits are still required for residential projects. See the below incentive rate schedule for further information on the changing incentives:
|Start Date||End Date||Market||Incentive per Watt||Maximum Incentive|
|9/21/2015||11/30/2016||lease/PPA||Flat incentive: $1,000/project||$1,000|
|9/21/2015||TBD*||non-residential||Flat incentive: $3,000/project||$3,000|
|12/01/2016||TBD||residential||$0.50/watt up to 50 kW||$3,000|
|12/01/2016||TBD||All lease/PPA||No Incentive||$0|
|* No changes have been made to incentives for non-residential or non-profit solar projectsPlease note that no changed have been made to the incentive level of the SEU Upfront Purchase Program ($0.45/Watt) and lease/PPA systems can still apply for the SEU Upfront Purchase Program.|
NEWS FROM THE DELAWARE DEPARTMENT OF NATURAL RESOURCES AND ENVIRONMENTAL CONTROL
Contact: Joanna Wilson, DNREC Public Affairs, 302-739-9902
DNREC Division of Energy & Climate announces new solar
incentives for the Delmarva Power Green Energy Fund
DOVER (Sept. 18, 2015) – Beginning Sept. 21, the Green Energy Fund for Delmarva Power & Light (DPL) customers will implement new solar incentives, DNREC’s Division of Energy & Climate announced today. The Green Energy Fund provides grants to DPL customers for small scale solar and geothermal installations. All applications received on or after Sept. 21 will be reviewed under the new incentive levels. The Delaware Electric Cooperative’s (DEC) Renewable Resource Program and the Delaware Municipal Electric Company (DEMEC) programs are not affected by this announcement.
“Rebate levels for the DPL Green Energy Fund program are being lowered due to a significant increase in applications, the lower cost of materials in the solar market and an increase in leased systems which do not need large incentives to make them economically feasible,” said Energy Program Administrator Robert Underwood, Division of Energy & Climate. “These lowered rebate levels will still support systems that are economically feasible for homeowners, solar power purchase models (PPAs) and lease companies.”
With the decreasing cost of solar coupled with the increasing popularity of solar lease and PPAs, the Division of Energy & Climate has seen a dramatic increase in Green Energy Fund applications. In 2013 the Green Energy Fund (GEF) received 284 applications, and in 2014 the number doubled to 571. For 2015, approximately 1,300 applications are projected. More than 80 percent of the applications received this year are under the newer PPA/lease financing model, which requires no money down on the part of the lessee, thus driving the increase in applications. The recent rapid growth in solar power installations, changing industry economics and limited funding have led to a 200 percent increase in applications and an unsustainable backlog of up to 36 months in grant disbursements.
The new GEF solar incentive levels are based on market conditions and recommendations from the Green Energy Fund Review and Recommendations Final Report conducted by the Vermont Energy Investment Corporation (VEIC). The incentive levels are being reduced from a maximum of $15,000 for residential solar system to $3,300 for customer-owned systems and $1,000 for PPA/Lease systems. In addition, non-residential solar systems are being reduced from a maximum of $24,000 to $3,000. Lastly, the non-profit solar systems are being reduced from a maximum of $50,000 to $41,250. The new incentive levels will continue to keep the multi-year net present value (NPV) of these solar systems above zero, so that customers see a positive return on their investment.
“We understand that the changes in incentives will affect the solar energy business in the short term, but not addressing the backlog would be far more harmful,” Underwood added. “We look forward to working with stakeholders to assist with this transition of the Green Energy Fund.”
For more information on the new GEF incentives, please visit http://www.dnrec.delaware.gov/energy/services/GreenEnergy/Pages/GEPDelmarva_F.aspx
The SEU has allocated an additional $1.5 million to the SEU Upfront SREC Purchase Program. To view current fund availability, click here.
There is currently a residential delayed payment queue of more than 12 months for the Delmarva Power & Light Green Energy Rebate Program. Please be aware that this payment queue continues to grow as we are receiving an unprecedented number of applications for rebate incentives. The Department (DNREC) is currently conducting a comprehensive review and evaluation of the program to identify ways to improve program processes and sustain the program to provide appropriate incentives for renewable energy systems in Delaware.
Note that this delay is only for Delmarva Power customers who are installing a residential system. This delay also only applies to the Green Energy Grant Program, not the SEU SREC Purchase Program. The SEU Program currently does not have a payment queue; payments will be sent out shortly after application verification.
Over the past several months, DNREC has made a few changes to the documentation required to receive a Green Energy Fund Grant. All Part 2 applications now require a photo of the completed renewable energy system. This photo will be uploaded to the online portal at the same time as all the other documents. Secondly, DNREC no longer requires a copy of the system’s warranty or a copy of building inspection approval documents for any type of system.
The webinar for the Green Grant Delaware program presented on August 1st has been posted and can be viewed here.
The online grant application process for all Delmarva Power customer solar pv, solar hot water, geothermal, and wind grants, as well as all Delaware non-residential and non-profit solar hot water and geothermal grants and the Delaware Sustainable Energy Utility (SEU) Upfront SREC purchase program, will be available at www.greengrantdelaware.com starting at 8:00 EST on August 4th. This online system replaces the paper system currently administered by the Delaware Department of Natural Resources and Environmental Control, as well as introducing new SEU sponsored programs with higher caps for non-residential and non-profit solar hot water and geothermal and the SEU Upfront SREC Purchase program.
A webinar will be held on Friday, August 1st at 1:00 EST to cover the both the new Delaware Green Energy Grant Program online application process, as well as the new Delaware Sustainable Energy Utility (SEU) SREC Purchase Program. The webinar can be viewed at https://inclime.clickmeeting.com/Green_Grant_Delaware Audio is available online as well as through the call-in number at (267) 279-9000 using PIN 732391#