CARBON SOLUTIONS GROUP
1130 W Monroe
CHICAGO, ILLINOIS 60607
Carbon Solutions Group
Carbon Solutions Group (CSG), an ISEA Preferred Vendor, is offering its services as a REC aggregator to assist Illinois solar system owners to monetize their SRECs.
Although the final documentation has not been released by the IPA, Carbon Solutions Group has provided the following steps to participate. If you are interested in selling your SRECs for 5 years going forward into this procurement, follow the steps below to begin the registration process with Carbon Solutions Group. CGS will keep you updated as final information and documents are released.
How it Works
Steps to Participate
CSG Registration Process
1. Enter your system info into this form
(This includes technical details regarding your array and you may need information from your installer if not readily available)
Now thru Sept 15th
2. Final documents are published by IPA
3. Contract is generated for your system and sent to you via e-mail
(as you submit your info)
4. Sign and return contract to CSG
5. CSG submits aggregated bid to IPA
6. Notice of winning bid from the IPA
7. Begin generating your own renewable electricity and receive payments for your SRECs
First payment Feb 2016
Click here to register your system for this procurement.
The Illinois Power Agency (IPA) procurement is a confidential bidding process to purchase RECS installations located in Illinois. Bidders must bundle individual systems into large (1MW) blocks which will allow for limited flexibility in individual bid pricing. The auction is a closed bidding process, the highest clearing price will remain confidential. However, due to their insight into the market, Carbon Solutions Group has strong indications on what the final prices will be.
The IPA will categorize bids into two categories: systems <25kW and those >25kW up to 2MW. They will then select winning bids by ranking them from the lowest price to the highest until the budget has been spent. The IPA has a goal of purchasing equal amounts of RECs from both size categories. This goal to procure at least 50% from systems in the <25kW category as available, will potentially reward higher average winning prices to smaller systems. A benchmark ceiling will be set by the IPA on the highest allowable bid price, and therefore lower bids will have a more likely chance of being selected than higher ones. If your bid is not selected, the IPA will not purchase SRECs from your system during this procurement event. CSG intends to offer and bid a price that balances the chance to win the procurement and that adds meaningful value to system owners.
CSG will manage all administrative paperwork for bidding your system as well as assume the fees associated with submitting your bid. If your system receives a winning bid, CSG will register your system with the appropriate tracking system so you can begin generating SRECs. Once your system is registered CSG will handle all of the generation, transfers, and invoicing with the IPA. The winning amount on your contract with CSG is the amount that you will receive per SREC generated throughout the 5 years of the Program. Please contact CSG directly if you have any questions or concerns
For additional information e-mail: Contact@carbonsolutionsgroup.com