Announcements


W&S-61: Why can’t the failure to deliver the first REC by June 1, 2019 be excused by Force Majeure?

The requirement to deliver at least one (1) REC is not due by June 1, 2019, but by June 1, 2021, which is a date certain required by law (See Section 1-75(c)(1)(G) of the Illinois Power Agency Act). As envisioned under the statute, this leaves project developers with somewhere between three and four years from contract execution until the project is built, interconnected, and able to deliver its first REC.