The Supplemental Photovoltaic Procurement Plan developed by the IPA and approved by the Illinois Commerce Commission allows for a possible fourth procurement event in Spring 2017, called the Supplemental Photovoltaic Contingency Procurement. The Agency has determined that it is not necessary to conduct a Supplemental Photovoltaic Contingency Procurement. The following renewable energy procurement events for … Continue reading Will there be a further procurement event under the Supplemental Photovoltaic Procurement Plan? What are other renewable energy procurements are planned thus far for 2017?
Please review Article 8 of the SPV Contract posted in a PDF entitled “Final IPA REC Purchase and Sale Agreement (February 22, 2016)” on the Supplemental PV Procurement section of the procurement website. For additional questions related to the SPV Contract and the requirements of the IPA under the SPV Contract, please address your question … Continue reading Where can I find information regarding the invoicing process under the SPV contract?
No. Under the Supplemental Photovoltaic RFP (“SPV RFP”), a forecast quantity can only be bid for systems less than 25 kW in size that have not yet been identified. Please note that, in its Part 1 Proposal, a Bidder was required to certify that the entire forecast quantity included in their proposal consists of systems … Continue reading Can we use a portion of our forecasted RECs for a system larger than 25 kW (but only invoice for the portion attributable to 25 kW)?
A Seller may request to replace a winning system identified in its SPV Contract prior to the system being energized. Such request must be made in writing to the IPA and is granted at the sole discretion of the IPA. In addition, the substitute system must be within the great of + 25% or + … Continue reading We have a client with an identified system below 25 kW under an SPV contract. The client has to move from his current home and wants to move the system to the new home. Can this be accommodated under the terms of the SPV contract?
To be considered distributed generation, a system must, among other requirements, be no more than 2,000 kW in size. To the extent that a future procurement event solicits RECs from distributed generation systems, this requirement would remain.
Please refer to Section 3.9 of the SPV Contract regarding restrictions on the ability to change the system size. Examples of restrictions include, but are not limited to, Section 3.9.2 that requires any changes in size to be within the greater of: + 25% or + 5kW from the Planned Installed Capacity and Section 3.9.3 … Continue reading We will have a contract with the IPA for a system under 25 kW under the terms of the SPV Contract. Can we plan to add to the capacity of this system at a later date?
No. The Supplemental Photovoltaic Procurement Plan developed by the IPA and approved by the Illinois Commerce Commission allows for a possible fourth procurement event in Spring 2017 if there are available funds. Such a procurement event may or may not occur. Please note, however, that the 2016 Procurement Plan includes a procurement event under the … Continue reading Will the IPA hold another Supplemental PV Procurement event in 2016?
The information expected in Appendix 1.5 is a Federal Tax ID.
Your bank does not need to and should not re-issue the letter of credit. (If you bank re-issues the letter of credit there could be new deficiencies with the replacement form). Instead, your bank should be issuing an amendment with the changes required by your deficiency notice. Your bank would then send only the amendment … Continue reading We received a deficiency with respect to our Pre-Bid Letter of Credit. The bank agrees with the change. Does the bank have to re-issue and re-deliver the letter of credit to the IPA?
No interest is paid on cash held as bid assurance collateral or performance assurance collateral.