FAQs

Answers to your Frequently Asked Questions ("FAQs") are posted on this page. To ask a question, please use our automated form. FAQs will be posted every Wednesday. FAQs will be posted daily during the week prior to the deadline for submitting Pricing Proposals and Qualification Materials.”

All FAQs

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FAQ-32:
The average price for accepted bids is part of the results made public after each solicitation. Is the average calculated as a simple average or a weighted average?

The average is a simple average.

02/22/2010 in General
FAQ-30:
A Customer is considering developing a solar project under the following arrangement: (1) the Customer will lease the Project from a financing company; (2) the Customer will eventually own the equipment, possibly after the term of the SREC Purchase and Sale Agreement (“SREC PSA”) expires; and (3) the financing company intends to assign the SRECs to the Customer.

I have spoken to the Office of Clean Energy and it appears that from their perspective, the SRECs could be assigned to the Customer for purposes of the state programs (even though the Customer does not own the Project). I have two questions:

1) Is the Project eligible to participate in the Program?
2) If so, who will be the Seller under the SREC PSA?

In the normal course of events, the entity that owns the Project during the term of the SREC PSA is the Seller because the owner of the Project has title to the SRECs. However, under your particular circumstances, the Customer will be the Seller because only the Customer can sell the SRECs to the EDC.

The Project is eligible to participate in the Program if the Project satisfies all eligibility requirements and if the Seller provides, as part of its Proposal, an additional document. This additional document will be signed by the Customer and by the Lessor. This document will state that the Lessor assigns the SRECs from the Project to the Customer and will state that the Customer accepts the terms of the SREC PSA.

The Solicitation Manager is preparing the document that the Seller will be required to submit as part of its Proposal and will make this available well in advance of the Bid Date.

02/22/2010 in Requirements for Proposals
FAQ-29:
LLC#1 owns the premises where the Project will reside. LLC#2 owns the Project. The two LLCs are sister companies. The Appendix C “Host’s Acknowledgment and Certification” states the following: “The undersigned has no right, title or interest, including, but not limited to, any third party beneficiary rights…” and must be signed by a representative of LLC#1. Can an individual who is an officer of both LLCs sign this statement in good faith or is there a contradiction from the fact that the individual is a representative of LLC#2?

There is no contradiction. The individual signing Appendix C would be doing so in his or her capacity as a representative of LLC#1 (that owns the building). In that capacity, the individual confirms by signing that LLC#1 does not have any right, title, or interest in the Agreement. The individual is signing on behalf of the LLC#1 and not on his or her own behalf or as a representative of LLC#2.

02/22/2010 in Requirements for Proposals
FAQ-28:
One LLC is the Developer and owns the Project. A second LLC owns the premises where the Project resides and is the EDC Customer. For the purposes of presenting our qualification materials, should we consider the project to be owned by the Customer or by the Developer?

The Project that you describe would be considered to be owned by the Developer. This is the case because the Customer (who owns the premises where the Project resides and is the EDC customer) does not own the system or Project. You will be required to submit the appropriate Appendix C Host's Acknowledgement and Certification, which can be found on the Documents page of the web site.

10/09/2010 in Evaluation of Proposals
FAQ-27:
As Solicitation Manager, can you help guide bidders through the Initial Application Process that is administered by the New Jersey Board of Public Utilities?

We administer the SREC-Based Financing Program for ACE, JCP&L, and RECO, but we are not involved in the Initial Application Process under the Renewable Energy Incentive Program (“REIP”) or the SREC Registration Program (“SRP”). Please note that currently only applications under the SRP are considered. Our Program Guide, which can be found on the Documents page of the web site, may contain some useful links. We suggest that you contact directly the New Jersey Office of Clean Energy ("NJOCE") that administers and SREC Registration Program.

02/22/2010 in General
FAQ-25:
The Seller plans to change the inverter and panel type. The New Jersey Clean Energy Program (“NJCEP”) approves of the change provided that the system output is similar. Please advise on how we should proceed when completing the qualification materials.

As part of your qualification package, you will be required to submit a description of the equipment including the name of the manufacturer and you will be required to provide your completed application materials under the Renewable Energy Incentive Program (“REIP”) or the SREC Registration Program (“SRP”), including all attachments. As part of your Pricing Proposal, you will be required to provide the size of the Project. The size of the Project must be expressed in kilowatts ("kW") and must correspond to the size of the Project provided in the Initial Application process under the REIP or the SRP. If there will be a discrepancy regarding the size of the Project, please provide documentation confirming that the NJCEP has approved the change.

02/22/2010 in Requirements for Proposals
FAQ-23:
Do we need to provide materials that we submitted to obtain our NJCEP Number?

The Program requires a copy of the completed application materials under the REIP or the SRP, including all attachments. Please provide the EPC Agreement as you state that it was an attachment to the REIP application.

02/22/2010 in Requirements for Proposals
FAQ-22:
I am having trouble determining my "Customer Utility Tariff Rate Schedule" for purposes of completing the Qualification Materials. Where do I find this information?

The tariff rate schedule can be found on your electric bill. For JCP&L, the rate category is a string of letters and numbers that begins with "JC..." (e.g., JC_GS3_03F). For ACE, the "Electric Delivery Charges" section of your bill will contain your tariff rate schedule. Thus it may read, "Current charges for 29 days - Summer Rates in Effect - Residential Service" - in which case "Residential Service" would be the tariff rate schedule. For RECO, the rate category is a string of letters that begins with "ELECTRIC..." or "ELEC..." (e.g., ELECTRIC SMALL C&I GEN SERV SEC).

02/24/2010 in Requirements for Proposals
FAQ-21:
Who should sign the certifications in the “Certifications and Checklist” included in the Qualification Package?

The Owner of the Project should be the person signing the certifications of the "Certifications and Checklist" form, which can be found on the Documents page of the web site.

02/22/2010 in Requirements for Proposals
FAQ-20:
If a bid is rejected in one solicitation because its pricing is not competitive or because the planned quantity was met, can the Owner resubmit a bid in the next solicitation?

If a project does not receive an award in a given solicitation, a Proposal for the same project may be submitted in a future solicitation, as long as it continues to meet the Program requirements. For example, if the project became interconnected, it would no longer be eligible for the Program.

06/09/2010 in Evaluation of Proposals

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