Following on the heels of last year’s well-subscribed 2012 Pilot SREC Program, Delaware has announced the parameters for the 2013 SREC solicitation which is scheduled to begin on March 25th. Once again, Delaware businesses will be able to lock-in attractive long-term financial incentives that can significantly enhance the economic returns associated with “going solar”. Businesses can opt to purchase and own solar systems directly, or can simply decide to purchase the solar electricity at a discount to current electricity rates (with no capital outlay).
In today’s ultra-competitive business environment, many U.S. corporations are placing an increased emphasis on strategic energy procurement activities. Well-managed corporate energy procurement practices can reduce costs and mitigate future energy rate volatility, while also providing improved visibility for financial forecasting purposes. It is in this context that commercial solar photovoltaic (PV) projects can provide significant and unique benefits.