Buyer's Guide 2024

Renewables Portfolio Standard

Solar & Battery Regulation & Incentive Programs

Program Overview

Category
Regulatory Policy
Program Type
Renewables Portfolio Standard
Implementing Sector
State
State
Delaware
Eligible Storage Technologies
Geothermal Electric, Solar Thermal Electric, Solar Photovoltaics, Wind (All), Biomass, Hydroelectric, Fuel Cells using Non-Renewable Fuels, Landfill Gas, Tidal, Wave, Ocean Thermal, Wind (Small), Anaerobic Digestion, Fuel Cells using Renewable Fuels, Offshore Wind
Standard
40% by 2035
Technology Minimum
PV: 10% by 2035
Compliance Multipliers
300% for in-state customer sited PV and fuel cells
150% for wind turbines sited in DE
350% for offshore wind
110% for solar or wind installation in DE with 50% equipment manufactured in DE
110% credit for solar or wind installation with a minimum of 75% workforce
REC Lifetime
3 years
Credit Trading/Tracking System
Yes (PJM-GATS)
Alternative Compliance Payment
ACP: $25/MWh (1st year), $50/MWh (2nd year), $80/MWh (3rd year onwards)
SACP: $400/MWh (1st year), $450/MWh (2nd year), $500/MWh (3rd year onwards)
Applicable Sectors
Investor-Owned Utility, Local Government, Retail Supplier
Start Date
07/12/2005
Last Updated
10/15/2021
Funding Source
Renewable Energy Surcharge

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