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CPUC Proposed REC Decision Delayed

By Stephen Lacey, RenewableEnergyAccess.com
November 17, 2006   |   2 Comments

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2 Reader Comments
Comment
1 of 2
November 22, 2006
It seems to me that the CPUC should NOT grant solar renewable energy certificates (SRECs) to utilities in my opinion, unless the SREC involved if for physical facilities owned and operated by the facility benefitting from the SREC.

The revenue from SREC's being sold should go to the owner of the physical facility being claimed. This will further encourage investments in renewable energy by other investors. It will improve the ROI for the small implementor of renewable energy equipment.
Comment
2 of 2
November 27, 2006
Lakeland Electric, a municipal utility in Florida, finances, installs, and operates metered solar PV and solar hot water systems on participating customer building roofs. They bill their customers for the solar energy utilized each month at a rate less than the usual charge for electricity and compute the total solar kWhs produced by their program. Last year they sold RECs on the open market for approximately 2.5 cents per kWh. If the California utilities were to adopt this Lakeland Electric program, then they certainly should own the RECs since they would own and operate the solar energy systems.
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