SREC Contract FAQ

Greetings, Please see your SREC contract at DocuSign.   If you are receiving this contract you should have already received, in order, the items below: 1. The Illinois ABP Brochure: http://illinoisabp.com/wp-content/uploads/2018/12/Brochurev2.pdf 2. The Consumer Disclosure form (signed and completed) for your system purchase – please be sure this is entirely accurate as it forms the basis for your project application and will require editing and re-signing in the event it is inaccurate. This will lead to a delay in your application processing time. 3. A system installation contract – signed and completed. Tips and Frequently Asked Questions Filling out the Contract Please fill out the Host Certification on the 3rd page. Section 1 is required, and then either Section 2 or Section 3 is required. Signing Section 2 indicates that you are the SREC counter-party and the project site owner. Section 3 indicates that you own the site and you must identify the host company or individual. Please review system specifications, particularly, the system size AC, DC, system address, number of SRECs and counterparty. Most fields on the contract are editable (phone, email, name, etc) if any trouble editing, or if a field is not editable, please reach out to SREC@carbonsolutionsgroup.com. See your non-refundable $10/kW AC application fee on Cover Sheet B. If you’ve paid this to your installer or it has been covered by your installer, a note will be made on this page. On Page 28 you will be asked to sign and there is a required section “By” – in this section please put your title (homeowner, owner, representative, etc.) Invoicing and Payment If any invoice...

Installer Requirements

Installer Requirements The following post seeks to introduce and clarify requirements for Installers engaging in the Adjustable Block Program. Installer Training All Installers must go through installer training with Carbon Solutions Group. This will be done via Webinar on a date TBA. The Webinar will be recorded and available to view after the fact.   In Person Solicitation Background checks – shall be performed on all employees and agents engaged in in-person solicitation. Installers must submit a record confirming that a criminal background check has been performed on such employees. The IPA strongly discourages the use of employees or agents with criminal records for offenses related to fraud or violence, or that are subject to registration under the Illinois Sex Offender Registration Act (730 ILCS 150). The installer should use their reasonable judgement in evaluating the suitability of any other employees or agents with records for other offenses for in-person solicitations and is not prohibited from otherwise employing persons with criminal records or using such persons for in-person solicitations. Installer ID Badges will be required for persons who engage in in-person solicitation for PV systems under 25 kW and shall display the ID on an outer garment. Shall be visible at all times and prominently display the following Full name in a clear and reasonable size font An agent ID number – Please email SREC@CarbonSolutionsGroup.com to get badge ID numbers. A photograph The trade name and logo of the company the agent is representing If the ID contains additional information beyond what is listed above, the information is subject to Program Administrator review to ensure that it does not conflict...

Fees, Bonding, and Extensions

Fees and Bonding There will be an administration fee collected by the program administrator of $10/kW (AC). For example, a 10 kW AC would have a fee of $100. This fee is capped at $5,000 per system, so a 2 MW AC system would have a fee of $5,000. This is non-refundable, but will be transferable to the next block if the system doesn’t make it into the first block. There will be a 5% collateral requirement for all systems, how this collateral is held varies based on whether or not the system is energized, or not. Systems will be required to post collateral within 30 days of winning a contract in the program. An energized system will be able to withhold the 5% collateral from their SREC payments, or pay the collateral via cash or letter of credit if they prefer. A system that is not energized will only be able to pay the 5% collateral as a letter of credit, or cash. The system must be built within 12 months, else the system will lose its collateral (notwithstanding any extensions) Extensions Indefinite extension granted if the system is electrically complete but not approved to interconnect. Must submit application to interconnect within 30 days of electric completion. 6-month extension granted if there are legal or permitting delays. 6-month extension granted for $25/kW refundable fee. System Information Requirements Based on whether the system is being submitted as Energized or Pre-Energized System information requirements vary. Please note, submitting the system as energized and providing full information and documentation would allow the system to put up the 5% collateral from SREC...

Marketing Materials

Marketing Materials Guidance: Each installer will need to submit at least one marketing material to Approved Vendor (CSG) CSG will submit the materials to the IPA If IPA requests any changes to the marketing materials they must be made by the installer before they are used Marketing materials should be submitted via e-mail to SREC@carbonsolutionsgroup.com Installers who are consistently out of compliance with their marketing materials may be prohibited from participating in the...