ABP 5% Utility Collateral

One of the requirements for participation in the Illinois Adjustable Block Program (ABP) is the 5% Performance Collateral.  This is 5% of your total REC contract value that is held by the utility your system is contracted with (either ComEd or Ameren).  This 5% is withheld by the utility for the full 15 year period of the REC contract and is used to ensure that your system continues to operate as projected and generate RECS. If your system under-performs during any year in the 15 year period and fails to generate the RECs projected for that year the utility may “clawback” REC payments.  This means that you may have to pay the utility back for some RECS that were not generated.  The projected delivery schedule will be included in your REC contract and updated once the IPA has confirmed your systems participation and delivery schedule. If your system is energized when you apply for the ABP the 5% collateral can be withheld from your first REC payment.  If your system is not energized when you apply to the ABP the 5% collateral will be collected by CSG upon contracting and sent to the utility to hold for the duration of the 15 year period.   Example Calculation of 5% Collateral:   10kW AC Fixed-Tilt System using the Standard Capacity Factor Ameren Territory: $85.10/REC Total # of RECS on Contract = 216 Total Contract Value = $85.10 x 216 = $18,381.60 5% Collateral = $18,381.60 x 5% = $919.08   Please note some systems may have additional collateral withheld from the first REC payment by CSG if the capacity factor appears significantly...

Required Documents for IL ABP Participation Through CSG

Below is a list of the documents required to process your application for the Illinois Adjustable Block Program. Program Informational Brochure – Given out by installer and attached to CSG’s REC Contract ABP Program Disclosure Form – Must be signed before contract email comes from admin@illinoisabp.com (see example below) May be signed electronically by filling out link in email (see example below) CSG’s REC Contract – Sent via DocuSign CSG’s...

ABP Co-Location Rules

From pg 26-27 of the ABP Guidebook Co-location of DG Projects The total capacity of distributed generation systems enrolled in the Adjustable Block Program at a customer’s location will be considered a single system. (For example, three 100 kW systems at a single location will be considered a 300 kW system.) For purposes of determining the system’s REC price, a system’s location is considered to be a single building (regardless of the number of utility accounts at the location) for rooftop installations, and a single property parcel for ground-mounted systems (if a property had both rooftop and ground-mounted systems, it will be considered a single system). Additionally, systems located on multiple different rooftops on the same parcel will be considered a single system if each system is owned by the same entity or its affiliates. If two or more projects on one parcel are separately owned and serve to offset the load of separate entities, then in order to have these arrays considered as separate projects, an Approved Vendor must provide proof that the occupants are not affiliated entities, and each has a separate utility meter and separate utility billing.   Co-location of Community Solar Projects   No Approved Vendor may apply to the Adjustable Block Program for more than 4 MW of Community Solar projects on the same or contiguous parcels (with each “parcel” of land defined by the County the parcel is located in). Co-located projects summing to more than 2 MW of Community Solar may be permissibly located in one of two ways: Two projects, of up to 2 MW each, on one parcel; or One...

Illinois Adjustable Block Program Overview

Carbon Solutions Group (CSG) is serving as a Solar Renewable Energy Credit (SREC) Aggregator for the Illinois Adjustable Block Program.  This program is set to open up January, 30th 2019. New customers should review the ABP Program Brochure for general program information. All of CSG’s ABP customers will be receiving the following documents in addition to the contract with your installer. Schedule A Carbon Solutions Group (CSG), the company that will be handling your SRECS will be sending out Schedule As for your system if it is already energized. Please be on the lookout for an email titled “Please DocuSign:Schedule A” from “Carbon Solutions Group via DocuSign”. A Schedule A gives CSG the ability to register your system with PJM-EIS GATS, and produce SRECS on your behalf. This is required to participate in the Adjustable Block Program. If no contract is subsequently reached with CSG, then this document will be considered null and void. Standard Disclosure Form CSG will also be sending out Standard Disclosure forms over the next few days for your review and signature. These forms will be sent from admin@illinoisabp.com and will be titled “E-Signature Needed For Illinois Shines Consumer Disclosure Form” These forms are required for participation in the Adjustable Block Program, and seek to provide an apples to apples comparison of other system install quotes that you may have received please review your Standard Disclosure form for accuracy and sign once reviewed. After signing, the document will automatically be returned to CSG via the Illinois ABP website. SREC Contract CSG will begin SREC Contracting Monday, January 28th. This contract will contain all information relevant to...

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...

Energized System Requirements

Energized Systems Submitting a system as energized allows the 5% collateral held by the utility to be withheld from SREC payments, as opposed to posting the 5% in cash or via a letter of credit. Energized systems will require: All Pre-installation and Post-installation Information All Pre-installation and Post-installation Documentation Signed Standard Disclosure Forms PJM-EIS GATS Registration CSG will register each energized system on GATS once requisite information and a signed Schedule A have been received. Energized systems must generate at least 1 SREC within the first 90 days of the contract if the system is greater than 5 kW AC. If less than or equal to 5 kW AC, then the system has 180 days to deliver its first...

How To Register a System for the ABP

How to Submit a System into the Adjustable Block Program Systems can be submitted to CSG through the Portal found here. To receive a Portal invitation, please email SREC@CarbonSolutionsGroup.com Systems will require Standard Disclosure Forms for more information, please view our blog post here, These can be obtained in several ways: By creating an account at the ABP Program Website, and becoming a designee by letting SREC@CarbonSolutionsGroup.com know the email used for your account. Alternatively you may enter the Standard Disclosure Information into the CSG Portal and CSG will generate and send these to your clients for signature. Finally, you may request a Shared Google Sheet or Excel sheet from CSG with all of the required information, fill it out and send back to CSG so we can generate and send the forms for signature. Each Application will require system information and supporting documents. To see a full list of required information, please view our blog post here. This can be entered into the CSG Portal. For a Shared Spreadsheet to be used, it must be up to date with the ABP informational requirements. To see a full list of required documentation, please view our blog post here. This information can only be uploaded to the CSG Portal. This allows for a high-level of document tracking and organization. All energized systems will require a Schedule A signed by the system owner. You can view a blank copy here. This will grant Carbon Solutions Group the right to register the system with PJM-EIS GATS. Once CSG has all of the required information and documentation, CSG will generate an E-Signable contract...

Required Information for the Adjustable Block Program

System Information Requirements Below are two lists of information, the first list (also known as Pre-Installation information) contains information required for all systems being submitted into the Adjustable Block Program (ABP). The second list (also known as Post-Installation information) contains information only for systems being submitted into the ABP as Interconnected. Please note, the lists below are not inclusive of information required to generate the Standard Disclosure Form. The Standard Disclosure Form is required for all systems being submitted into the ABP. For a full list of Standard Disclosure Informational Requirements, and methods for how to generate them, please see this blog post: Standard Disclosure Form Explanation   Each application for the ABP will require the following information (Pre-Installation Information): Project location and property owner Project Owner (if different than property owner) Installer name & contact information Name of Utility for which the system is interconnected Project Type (Residential, Non-residential, Government, Non-Profit, Community Solar Financing Structure (Customer-owned, lease, or PPA) (Not asked for community solar) Project Cost (inclusive of material cost, labor cost, permitting cost, other costs) Technical Project Information Ground or Roof Mount? Number of tracking axes (fixed tilt or tracking?) Modules: make, model & manufacturer of modules Inverter: Size, make, model, manufacturer, efficiency Does this project have a battery-backup? Meter: make, model, manufacturer. Does the meter meet the ANSI C.12 standard if required by the applicable registry? Array information (# modules, module power rating, tilt, & azimuth) for each array System size in DC and AC PV Watts (or similar tool such as ETB, Aurora, etc) estimate of REC production during 15 year term.   Each application...