Solar alternative compliance payment definition

Solar alternative compliance payment or "SACP" means a
Solar alternative compliance payment or "SACP" means a payment of a certain dollar amount per megawatt-hour, which a Retail Electricity Supplier or Municipal Electric Supplier may submit in lieu of supplying the Minimum Percentage from Solar Photovoltaic required under Section 3.3.4 of this Regulation.

Examples of Solar alternative compliance payment in a sentence

  • Solar facilities must be certified by states to produce SRECs. The value of an SREC is determined based on the supply and demand conditions of the market it is traded in.In each state with an SREC market, there is an alternative compliance mechanism known as Solar Alternative Compliance Payment (SACP) for those electricity suppliers that cannot meet the SRPS requirement either through their own distributed generation facilities or through purchasing SRECs at the end of a compliance period.


More Definitions of Solar alternative compliance payment

Solar alternative compliance payment or "SACP" means a payment of a certain dollar amount per megawatt hour (MWh) which an electric power supplier or provider may submit to the board in order to comply with the solar electric generation requirements under section 38 of P.L.1999, c.23 (C.48:3-87).
Solar alternative compliance payment means the payment of certain dollar amounts expended in lieu of supplying the minimum percentage from solar photovoltaics as defined and set by 26 Del.C.§§352(24) and 358(e).
Solar alternative compliance payment means a payment of a
Solar alternative compliance payment or “SACP” means a payment of a certain dollar amount per megawatt-hour (MWh), which asupplier/provider may submit [in lieu of complying] to the Board to comply with the solar electric generation requirements [in Table A in June 1,
Solar alternative compliance payment or “SACP” means a payment of a certain dollar amount per megawatt hour, which a supplier/provider may submit in lieu of complying with the solar electric generation requirements in Table A in N.J.A.C. [14:4-8.3] 14:8-
Solar alternative compliance payment or “SACP” means a payment of a certain dollar amount per megawatt-hour (MWh), which asupplier/provider may submit [in lieu of complying] to the Board to June 1,
Solar alternative compliance payment or "SACP" means a payment of a certain dollar amount per megawatt-hour, which a Retail Electricity Supplier or Municipal Electric Supplier may submit in lieu of supplying the Minimum Percentage