Rebates

Note:  In 2010, the Federal Housing Finance Agency (FHFA), which has authority over mortgage underwriters Fannie Mae and Freddie Mac, directed these enterprises against purchasing mortgages of homes with a PACE lien due to its senior status above a mortgage. Most residential PACE activity subsided following this directive; however, some residential PACE programs are now operating with loan loss reserve funds, appropriate disclosures, or other protections meant to address FHFA's concerns. Commercial PACE programs were not directly affected by FHFA’s actions, as Fannie Mae and Freddie Mac do not underwrite commercial mortgages. Visit PACENation for more information about PACE financing

Note: The Experimental Advanced Renewable Energy Program is closed to new participants. New distributed generation customers of Consumers Energy can refer to Michigan's net metering policy and visit the Consumers Energy net metering webpage for an alternative option.

The Experimental Advanced Renewable Energy Program (EARP) offers Consumers Energy residential and non-residential customers a buy-back tariff program for electricity produced by solar photovoltaic (PV) systems and anaeorobic digestion. The pilot version of the program began in 2009 and closed in December 2010, but an expanded version of the program has extended into 2015. 

Solar PV

Owners of residential systems from 1-20

Note:  In 2010, the Federal Housing Finance Agency (FHFA), which has authority over mortgage underwriters Fannie Mae and Freddie Mac, directed these enterprises against purchasing mortgages of homes with a PACE lien due to its senior status above a mortgage. Most residential PACE activity subsided following this directive; however, some residential PACE programs are now operating with loan loss reserve funds, appropriate disclosures, or other protections meant to address FHFA's concerns. Commercial PACE programs were not directly affected by FHFA’s actions, as Fannie Mae and Freddie Mac do not underwrite commercial mortgages. Visit PACENation for more information about PACE financing

HB 1297, enacted in March 2015, provides an option for the local governing body of any county, city, or town to impose a different property tax on renewable energy generating machinery and tools than other normal use machinery. The rate of property tax imposed must not exceed that is applicable to the general class of machinery and tools. 

Renewable energy means energy derived from sunlight, wind, falling water, biomass, sustainable or otherwise (definitions liberally constructed), energy from waste, landfill gas, municipal solid waste, wave motion, tides, or geothermal power and does not include energy derived from coal, oil, natural

NOTE: Round 6 of the solicitation for SRECs has been issued. Bids are due on April 17, 2017 by 5pm. Information and documents on the RFP can be accessed at the program website. 

In September 2007 the New Jersey Board of Public Utilities (BPU) began an investigation into ways to develop and support the solar financing mechanisms based on Solar Renewable Energy Certificates (SRECs). An SREC is a tradable commodity that represents the renewable attributes of one megawatt-hour (MWh) of electricity generated from a solar energy resource (it does not include the energy or capacity aspect of the system)

Note: This program has reached its budget cap 

In May 2005, Washington enacted Senate Bill 5101, establishing production incentives for individuals, businesses, and local governments that generate electricity from solar power, wind power or anaerobic digesters. The incentive was amended by Senate Bill 6658 in June 2010. The incentive amount paid to the producer varies by the use case for the system and the fiscal year in which the system is installed. 

Ownership of the renewable-energy credits (RECs) associated with generation remains with the customer-generator and does not transfer to the state or utility.

The state's utilities will pay the

NOTE: Next round of solicitation is expected to open on July 1st, 2015.

In July 2011, Connecticut enacted legislation amending the state's Renewables Portfolio Standard and creating two new classes of renewable energy credits (RECs): Zero Emission Renewable Energy Credits (ZRECs) and Low Emission Renewable Energy Credits (LRECs).

ZREC

The state's two investor-owned electric utilities, United Illuminating (UI) and Connecticut Light & Power (CL&P) must enter into 15-year contracts for RECs from zero-emission "Class I" renewable energy facilities (on the customer side of the meter) larger than 100 kilowatts (kW) but not larger than one megawatt (MW). Zero-emission Class I

NOTE: Year 3 of the competitive solicitation for the program ended on February 2015, next round is anticipated to be opened on April, 2015. 

In July 2011, Connecticut enacted legislation amending the state's Renewables Portfolio Standard and creating two new classes of renewable energy credits (RECs): Zero Emission Renewable Energy Credits (ZRECs) and Low Emission Renewable Energy Credits (LRECs).

ZREC

The state's two investor-owned electric utilities, United Illuminating (UI) and Connecticut Light & Power (CL&P) must enter into 15-year contracts for RECs from zero-emission "Class I" renewable energy facilities (on the customer side of the meter) larger than 100 kilowatts (kW)

NOTE: The 2024 SREC Procurement Results were posted. The overall weighted average for the solicitation was $43.80 per SREC. 

Delaware Solar Renewable Energy Certificate (SREC) Procurement Program is designed to assist in the creation of a market for SRECs and to provide a mechanism for the procurement of SRECs to ensure that retail electricity suppliers meet the requirements set forth in Delaware's Renewable Energy Portfolio Standards Act (REPSA).

The program utilizes a public solicitation for SRECs for different tiers of solar generators based on capacity. The Sustainable Energy Utility (SEU), contracted with InClime, will administer all aspects of the

NOTE: While interested parties can still trade DE SRECs in the spot market, the spot market in itself is limited since most of the SRECs produced are part of the SREC Purchase Program, or the SREC Procurement Program. The price for DE SRECs are usually similar to PA SRECs prices. 

Delaware Renewable Portfolio Standard (RPS) requires the retail electricity suppliers to purchase 25% of the electricity sold in the state from renewable sources by 2025. The RPS also includes special provision that requires 3.5% of renewable energy goal to be met with solar photovoltaic (PV) resources. The RPS