Pricing

Please note that the following credit price information is derived from credits used for AEPS PA compliance within the specified energy year.

 

2013 Energy Year:

TIER Weighted Average Price AEC Price Range
Solar AEC
109.23
$ 5.50 - $ 600.00
Tier I
8.31
$ 0.13 - $ 100.00
TierII
0.22
$ 0.01 - $  20.00

The calculated SACP for the 2013 Compliance Year was $218.47

 

2012 Energy Year:

TIER Weighted Average Price AEC Price Range
Solar AEC
180.39
$ 10.00 - $ 675.00
Tier I
5.23
$ 0.20 -$ 23.00
TierII
0.17
$ 0.01 -$ 5.00

The calculated SACP for the 2012 Compliance Year was $360.79.

 

2011 Energy Year:

TIER Weighted Average Price AEC Price Range
Solar AEC
247.82
$ 25.00 -$ 653.00
Tier I
3.94
$ 0.14 -$ 50.00
TierII
0.22
$ 0.01 -$ 20.00

The calculated SACP for the 2011 Compliance Year was $495.81.

 

2010 Energy Year:

TIER Weighted Average Price AEC Price Range
Solar AEC
325.00
$ 235.00 -$ 415.00
Tier I
4.77
$ 0.50 -$ 24.15
TierII
0.32
$ 0.01 -$ 1.75

The calculated SACP for the 2010 Compliance Year was $654.37.

 

2009 Energy Year:

TIER Weighted Average Price AEC Price Range
Solar AEC
260.19
$ 225.00 -$ 690.00
Tier I
3.65
$ 0.50 -$ 23.00
TierII
0.36
$ 0.20 -$ 1.75

The calculated SACP for the 2009 Compliance Year was $550.15.

 

2008 Energy Year:

TIER Weighted Average Price AEC Price Range
Solar AEC
230.00
$ 50.00 -$ 350.00
Tier I
4.48
$ 1.00 -$ 20.50
TierII
.66
$ .25 -$ 3.00

The calculated SACP for the 2008 Compliance Year was $528.17.


The SACP is calculated as quoted from the Pennsylvania Bulletin published Dec. 20, 2008:

For noncompliance with the solar photovoltaic requirements identified in § 75.61, an EDC and EGS shall make an alternative compliance payment equal to the following:

  1. The average market value for solar photovoltaic alternative energy credits sold during the reporting period in the RTO control area where the noncompliance occurred.
  2. Add to value in subparagraph (i), the levelized up-front rebates received by sellers of solar renewable energy credits, (calculated as follows: total amount of rebates paid within the previous 20 years, divided by the total kilowatt capacity for which rebates were given in the previous 20 years, divided by 20 (the useful life of a solar photovoltaic system), multiplied by the percentage of alternative energy used during the reporting period originating from jurisdictions where rebates were given.
  3. Multiply the value in subparagraph (ii) by 200%.

The full text of the Implementation of the Alternative Energy Portfolio Standards Act of 2004 as published in the PA Bulletin, can be found at the following link: http://www.pabulletin.com/secure/data/vol38/38-51/2286.html