We have spoken to many of you about the necessity of closing the borders of PA to improve the market for SRECs. Last fall, a bill was recently approved to do just that, but if the PUC does not interpret the bill as it was intended, pricing will never go anywhere. Please read the below and sign on to one of the linked petitions or write your own letter. It is imperative that we speak in volume and in one voice.
Tell the PUC to get the solar border law right.
In an unusual show of bipartisan support for clean energy, the Pennsylvania General Assembly passed Act 40 in October 2017. The intent of the law was to “close” the solar renewable energy credit (SREC) “border” by permitting only in-state solar systems to qualify for Pennsylvania’s SRECs. Previously, the state’s “open borders” practice allowed systems in 12 other states (and D.C.) to receive our credit. This resulted in an oversupply of SRECs, a loss of investment in Pennsylvania’s solar market, and to other states getting solar jobs that should have been created here.
The Pennsylvania Utility Commission (PUC) must now implement Act 40. Unfortunately, in December the PUC took a stunningly bad first step with a tentative implementation order that relies on a flawed legal interpretation of Act 40. Under the PUC’s interpretation, all existing out-of-state solar systems would be grandfathered and could continue to receive Pennsylvania’s SRECs. This legal interpretation is completely counter to the intent of the law and would make Act 40 utterly useless.
PUC Chairman Brown and Vice Chairman Place issued their own interpretation of Act 40 that does accurately interpret the law as it was intended. [Read the Post-Gazette article that nicely details the differences.]
As a Pennsylvania solar owner you know how the value of the SREC has dropped dramatically. Virtually, the only chance in raising the value of the SREC in the near term is to enact the bill correctly to no longer permit out of state systems. Of course, there is no absolute guarantee that the price will go up with or without the bill. We now have until February 6 to submit public comments to the Commission. Here’s how you can do that:
Add your name below
1) Add your name to this sign-on letter to join solar owners across the state to tell the PUC to accurately interpret and implement the law as the General Assembly intended. [PREFERRED METHOD] OR
2) Submit individual comments to the PUC electronically (first, set up an individual or corporate account, then log-in and upload your comment file here, docket # M-2017-2631527) OR by sending a letter addressed to: Secretary, Pennsylvania Public Utility Commission, Post Office Box 3265, Harrisburg, PA 17105-3265 referencing docket number M-2017-2631527.