The document discusses the state of the Maryland SREC market and its implications for various sectors such as residential, commercial, and utility-scale solar projects. As of November 2016, Maryland has exceeded its RPS goals with over 620 MW of installed solar capacity, creating around 4,200 jobs. However, recent trends show a stagnation in the commercial sector since March 2016, indicating a need for policy support and engagement to drive future growth.

1. Fixing the Maryland SREC Market
November, 17, 2016
Implications for the Maryland Industry
• An EPC Perspective – jobs and activity
• Residential rooftop market
• Commercial market
• Community Solar
• Wholesale projects

2. Success Under the Sun
Renewable Generators Registered in GATS
Maryland RPS has delivered statewide in-service systems topping 620 MW
 Maryland PV Generation exceeding 2016 RPS goal 1.4% of State Load
(200% of goal)
 35,000 Systems
 4,200 jobs
 2016 on track for 208 MW
 This is Infrastructure scale.

3. Closer Look at 2016 – SRECs Matter
Residential Market is performing, however…
 Since June 2016 Maryland delivered an average of
10MW/Month
 Since March 2016 Maryland commercial sector
effectively stalled
GATS Registrations (as of
11/15/2016)
2016 MW/Month
No. of
Systems Ave Size kW
Jan 35.5 1,218 29.1
Feb 33.3 1,544 21.6
Mar 18.7 1,554 12.0
April 13.2 1,231 10.7
May 27.2 1,748 15.6
June 14 1,391 10.1
July 11.9 1,257 9.5
Aug 11.2 1,189 9.4
Sept 11 1,074 10.2
Oct 9.6 992 9.7
Nov
Dec
Total: 185.6 13198 14.1

4. A Little Sunblock needed from a new RPS
2016 PROJECTED FROM MD GATS DATA
Percent of
2016*
Res 1-20kW 15,485 131 63%
C&I 21kW -99kW 280 7.9
C&I 100kW - 1MW 21 9.3
C&I1-3 MW 12 17
C&I Total 313 34.2 16%
Utility Scale (3-30MW) 3 43 21%
Totals: 15,801 208 MW
* Since June just 7M of C&I or Utlitiy projects were registered
No. of Systems MW in Service
LIFETIME MD GATS DATA
Percent of
Lifetime
Res 1-20kW 34,444 281.6 45%
C&I 21kW -99kW 983 30.6
C&I 100kW - 1MW 234 79
C&I1-3 MW 65 117
C&I Total 1,282 226.6 36%
Utility Scale (3-30MW) 9 116 19%
Totals: 35,735 624 MW
MW in ServiceNo. of Systems

5. The Over-ride RPS (HB1106/SB0921)
25% by 2020, 2.5% Solar Carve-out
Tier 1 2017 2018 2019 2020
Renewables- 11.95% 14.3% 18.45% 22.5%
Solar carve out: 1.15% 1.5% 1.95% 2.5%
2017 PROJECTED FROM MD GATS DATA
Percent of
2016*
Res 1-20kW 15,485 131 44%
C&I 21kW -99kW 480 14
C&I 100kW - 1MW 32 16
C&I1-3MW 36 56
C&I Total 548 86 29%
Utility Scale (3-30MW) 5 80 27%
Totals: 16,038 297 MW
No. of Systems MW in Service

6. The Maryland RPS - RPS Policies Matter

7. The Fix.
• Support Annapolis on a New RPS
• Stay engaged
• Keep building
• Promote cumulative success
• MDV SEIA Matters

8. Links and Contact Information
PJM GATS (Generation Attribute Tracking System): https://gats.pjm-
eis.com/gats2/PublicReports/RenewableGeneratorsRegisteredinGATS
Berkeley Lab: https://emp.lbl.gov/projects/renewables-portfolio
Contact:
Standard Solar, Inc.
john.finnerty@standardsolar.com