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© 2006-2008 The Ojai Post
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The views expressed herein are the personal views of each individual author or commenter and are not intended to reflect the views of The Ojai Post or its Authors, Tribal Core or Tyler Suchman as managing editor.

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Update on ownership of solar REC's

On December 7, 2006, the California Public Utilities Commission issued a Proposed Decision regarding Distributed Generation Renewable Energy Credits (RECs) in the California Solar Initiative (CSI) proceeding. President Peevey is the assigned Commissioner and Maryam Ebke is the Administrative Law Judge.
The proposal will be on the January 11th Commission meeting agenda. Comments are due 20 days from today and reply comments are due 5 days after that.
The Proposed Decision allows renewable Distributed Generation owners to maintain ownership of all their RECs irrespective of whether or not they participate in the CSI, Self-Generation Incentive Program, or net metering programs.

The proposal determines that RECs are one among several factors that may affect the economics of solar and other renewable Distributed Generation facilities, and as such may play an important role in driving the deployment of renewable Distributed Generation in California. In particular they will impact the achievement of the goals of Senate Bill 1.
The overriding goal of this Bill is to ultimately deliver a self sustaining solar market in which ratepayer incentives are no longer needed to promote the installation of distributed generation solar facilities.

Posted by Michael Lind on December 18, 2006 08:55 AM | | | Update on ownership of solar REC's

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