SPV-157: How soon after the energized date must a developer begin delivering RECs?

Within 20 days of the energized date, a system must be registered with a tracking system, either GATS or M-RETs. The Seller must send to the Illinois Power Agency (“IPA”) the System Energized Notification Form included as Exhibit C of the SPV Contract.

Once the IPA reviews and accepts the System Energized Notification Form, the Seller can begin delivering RECs. This marks the start of the 5-year contract term.