Massachusetts SRECs capped for projects over 25kW

Share

On February 5 the Massachusetts Department of Energy Resources (DOER) announced that the total capacity available under the SREC-II Program for projects over 25kW had been exceeded. DOER reports receiving applications for 854 MW-DC of larger projects, which exceeds the cap for that segment by more than 193 MW-DC.

DOER says that all of the applications which were received on or before February 1 came in under the cap, but that it can make no promises about applications submitted after that date.

The agency also notes that it is not sure that all of the projects which have applied will be eligible.

SREC-II is the solar renewable energy credit (SREC) program created to accommodate expanded solar goals under former Massachusetts Governor Deval Patrick. Earlier this year Massachusetts passed a 60% threshold of total SREC capacity, which resulted in 120 MW being set aside for projects smaller than 25 kW.

This is only the latest problem for Massachusetts’ solar industry. Despite multiple legislative attempts to raise or abolish restrictive caps on net metering installations, these caps have been hit in the service area of utility National Grid, and the industry has warned that caps will be hit in the service areas of other utilities as well.

Massachusetts’ net metering caps do not apply to systems 25 kW or smaller that utilize three-phase inverters, or systems under 10 kW which use single-phase inverters. As such, this market segment is free to continue to grow under net metering, and for the time being such installations can still earn SRECs.

However, developers of mid-sized commercial and larger solar projects are in trouble, as these projects can longer earn SRECs and may soon be ineligible for net metering as well.

In 2013 and 2014 Massachusetts was the fourth-largest state market for solar PV, according to data by GTM Research. The state also has the second-largest solar workforce in the nation at 15,000 workers.

Due to a combination of policy and geography Massachusetts’ solar market is dominated by distributed installations, however it is also one of the leading states for community solar.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

SolarEdge unveils inverters for smaller solar projects

14 October 2024 Israel-based inverter maker SolarEdge has unveiled its new TerraMax Inverter, which boasts 99% efficiency and enables 200% DC oversizing. It features...

Share

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.