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Creating A Greener Energy Future For the Commonwealth Massachusetts Solar Carryout (Specs): Overview & Program Basics December 18, 2012Outline Learn how the solar PV market has grown in MA since 2007
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Solar carve-out SRECs (Solar Renewable Energy Certificates) are a mechanism used to promote and track the generation of solar energy. They represent the environmental attributes associated with one megawatt-hour (MWh) of electricity generated from eligible solar energy sources.
Electricity suppliers that serve retail customers in the state's electricity grid are generally required to file solar carve-out SRECs. However, the specific requirements can vary by state or region.
To fill out solar carve-out SRECs, electricity suppliers need to accurately report the generation and associated attributes of eligible solar energy. This typically involves providing information such as the name and capacity of solar energy facilities, the total MWh of solar energy generated, and any relevant documentation to verify the claims.
The purpose of solar carve-out SRECs is to incentivize and promote the development of solar energy generation. By creating a market for these certificates, electricity suppliers are encouraged to support and invest in solar projects, thus increasing the overall share of renewable energy in the grid.
The information required to be reported on solar carve-out SRECs can include details about the solar energy facilities, such as name, capacity, and location. Additionally, electricity suppliers need to report the total MWh of solar energy generated, as well as any relevant supporting documentation and verification.
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