2903 CREATION AND TRACKING OF RENEWABLE ENERGY CREDITS

2903.1 RECs shall be created and tracked through the PJM Environmental Information Service GATS ("PJM-EIS GATS") beginning January 1, 2006. The accumulation of Renewable Energy Credits derived from generation occurring prior to the date of January 1, 2006 is not permissible.

(a) Behind-the-meter generators must file a Renewable Behind-the-Meter Generation Report with the Commission that corresponds with the recordation of any energy production through GATS. Behind-the-Meter generators with a capacity of less than 10 kW may submit engineering based estimates of their output if the generator is not directly metered by a revenue grade utility meter.

(b) Renewable Energy Credits created by behind-the-meter generators must be recorded in GATS at least once each calendar year in order to be eligible for compliance.

2903.2 RECs shall be valid for a three-year period from the date of generation beginning January 1, 2006, except where precluded by statute. The last business day of January of each year shall be the deadline for the creation of RECs for the previous year, subject to further changes in GATS provisions.

2903.3 A REC shall be retired after it is used to comply with any state's Renewable Energy Portfolio requirement.

2903.4 Retroactively created RECs must be created and tracked through PJM-EIS GATS.

2903.5 An authorized representative of the renewable on-site generator shall file a renewable on-site generator (or BTM generator) report with the Commission under § 2903.1(a) of this regulation within 1 week of each recording with GATS.

2903.6 The renewable on-site generator (or BTM generator) report required under § 2903.1(a) of this regulation shall be on a form provided by the Commission and shall contain, at a minimum, the following information:

(a) A certification that the RECs attributable to the on-site generation have not expired, been retired, been transferred, or been redeemed; and

(b) A report or statement indicating the quantity of electricity generated as determined by an engineering estimate (if appropriate) or revenue-quality meter.

SOURCE: Notice of Final Rulemaking published at 55 DCR 000561 (January 18, 2008).