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Update on SRP Program Operations

Get the latest update on SRP Registration trends, timeline and volume, as well as information on the SREC Based Financing Program participation and guidelines.

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Update on SRP Program Operations

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  1. REIP and SRP Program Operations Update Tammy Gray Renewable Energy Program Operations Manager 8/9/2011

  2. SRP Registration Trend 876 708 679 660 611 524 465 449 423 359 70 • SRP Registrations received through 6/28are being • approved the week of 8/1 • SRP Registrations being reviewed 7/5

  3. Final As-Built Paperwork 732 REIP 137 SRP-595 583 419 379 275 84 NJ Certification Numbers SRP Registrations 3-4 weeks REIP/CORE Applications 4-6 weeks

  4. Timeline and Volume Update Year to Date Approvals 4555 Projects -402.4 MW NJ Certification 3021 Projects -137.4 MW

  5. EDC SREC Based Financing Program Participation and Timelines • SRP Registrations together with a written cover letter noting the project is • intended for participation in the SREC Based Financing Program solicitation • MUST be submitted to the NJCEP staff on or before 4 pm on Monday, • August 15th. No exceptions will be given on this deadline. • The Expression of Interest (EOI) documents are required to be submitted to NERA no later than 12 pm on Monday, August 29th • If the EOI’s are deficient because the NJCEP # is missing (pending SRP approval), bidders have up until 5 pm on Thursday, September 1st to cure the deficiency on the EOI. • Bid Date 12 pm on Friday, September 2nd The SREC Based Financing Program Website: www.njedcsolar.com Email: njsolarinfo@nera.com Contact: Benjamin Chee Telephone: 212-345-0091

  6. SREC Based Financing Program Solicitation Guidelines • SRP Registration Packet must include: • A written cover letter identifying the project as a participant in the SREC • Based Financing Program solicitation • Include cover letter as the first page of the SRP Registration packet • If there is no cover letter, NJCEP will assume the project is not intended for the • solicitation • Ensure the SRP Registration packet is complete • All documents must be mailed or hand delivered Note: ESFI incentive of $.50/Watt will not be available for SRP projects that participate in the EDC solicitations planned for September and December 2011 Any SRP Registration packets that were previously submitted prior to this notice without a cover letter must submit a cover letter to let NJCEP staff inform that you have previously submitted a registration for the solicitation CORE projects are NOT eligible to participate

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