On December 29, the Massachusetts Department of Energy Resources (DOER) announced a rolling 10 year Alternative Compliance Payment (ACP) Rate Schedule for the RPS Solar Carve-out.  The schedule maintains the ACP Rate at its current level through Compliance Year 2013, and then reduces the Rate at 5% per year.

This change to the Solar Carve-out Program will provide much needed visibility with regards to the ACP and should encourage electric suppliers with compliance obligations to participate in long-term SREC contract talks.

The 10 Year Schedule is below. The full announcement can be found here – DOER Announces Forward ACP Schedule.

Compliance Year ACP Rate per MWh
2012 $550
2013 $550
2014 $523
2015 $496
2016 $472
2017 $448
2018 $426
2019 $404
2020 $384
2021 $365
2022 and after added no later than
January 31, 2012 (and annually
thereafter) following
stakeholder review

As the oldest and largest SREC aggregator in the country, Sol Systems currently offers three different types of agreements for Massachusetts homeowners and businesses: Sol Upfront, Sol Annuity, and Sol Brokerage. However, Sol Upfront is only available for systems installed by one of our platinum partners. Please contact your installer or e-mail our Sol team at info@solsystemscompany.com for information on specific pricing.

In order to obtain specific pricing for commercial systems, we recommend that developers load these projects on SolMarket, our new financing platform. In addition to linking solar developers with quality investors, the SolMarket portfolio team customizes SREC pricing indications for commercial projects and distributes them on a weekly basis.