SREC II-BASED SOLAR FINANCING PROGRAM ROUND 6 CONSOLIDATED BID APPLICATION Due no later than April 17, 2017 by 5:00 PM
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1 SREC II-BASED SOLAR FINANCING PROGRAM ROUND 6 CONSOLIDATED BID APPLICATION Due no later than April 17, 2017 by 5:00 PM Each Proponent must provide the information requested below unless the field is clearly marked as optional. Please refer to the timeline for the upcoming deadlines in the current solicitation posted to the Calendar page Section 1. Project Information NJCEP Application Number and Project Information The NJCEP Application Number is the application number assigned to the Project under the Initial Application process of the SREC Registration Program ( SRP ). Project s NJCEP Application Number Name of Project Size of Project kw The size of the Project should be in kw rounded to the third decimal. Application Fee Confirmation Number The Application Fee Confirmation Number is provided after the Application Fee payment has been submitted via the online payment portal located at ( Location of Project City State Zip Code
2 Description of Equipment, including name of manufacturer Section 2. Proposer Contact Information Primary Contact Information Please provide the contact information for the representative who will be submitting this Bid Application. On Bid Day, the Solicitation Manager will attempt to contact this individual should the Bid Application be incomplete or require clarification. Main Phone No. Alternate Phone No. (optional) Fax Number(optional) Address Alternate Contact Information (Optional) Information for an alternate representative may be provided below should the Solicitation Manager be unable to reach the primary contact noted above. Main Phone No. Alternate Phone No. Fax Number Address Page 2 of 13
3 Section 3. Customer Information Is the customer an entity (e.g., a corporation, LLC, or partnership) or an individual? Entity Individual Contact Information (always required whether Customer is an individual or a Company) If the Customer is an individual please provide the contact information requested below; if the Customer is an Entity, please provide contact information for a representative of the Customer. Street Address City State Zip Code Telephone Number Fax Number (optional) Address (optional) The Customer s Territory is: JCP&L ACE RECO Please choose ONLY ONE option. Customer Utility Tariff Rate Schedule Please refer to your electric bill to find this information. Customer Account Number Please refer to your electric bill to find this information. Account numbers are typically 12 characters long for ACE or JCP&L and 10 characters long for RECO. If the Customer is an Entity, please provide the legal name of the Entity below; if the Customer is an individual please leave the field below blank. Company Name Page 3 of 13
4 Section 4. Developer Information Company Information Legal Name of Developer Legal Name of Developer s Direct Parent Company (entity with majority ownership in the Developer), if applicable Legal Name of Developer s Ultimate Parent Company, if applicable Street Address City State Zip Code Contact Information for a representative of the Developer Title Telephone Number Fax Number (optional) Address (optional) Page 4 of 13
5 Section 5. Please choose ONLY ONE option. Owner and Host Information Who will own the Project and be the Seller under the SREC PSA? The Customer The Developer Other (Please complete the section below) If you selected OTHER above, please complete this section: Entity Name (if the Owner is an Entity) Street Address City State Zip Code Telephone Number Fax Number (optional) Address (optional) If you wish to add an explanation, please enter it here: (optional) Page 5 of 13
6 Section 6. Please choose ONLY ONE option. Owner and Host Information (continued) Who owns the premises or facility where the Project will be located (the Host )? The Customer The Developer Other (Please complete the section below) If you selected OTHER above, please complete this section: Entity Name (if the Host is an Entity) Street Address City State Zip Code Telephone Number Fax Number (optional) Address (optional) If you wish to add an explanation, please enter it here: (optional) Page 6 of 13
7 Section 7. Pricing Proposal Please enter all information requested below. All fields are mandatory. Price in $/SREC: This is the Price for an SREC, in dollars and cents proposed for each SREC transferred to the EDC under the SREC Purchase and Sale Agreement ( SREC PSA ) if your Project is selected for an award. Prices must not contain more than 2 decimal points. Note: The following fees will be deducted from the Proposed Price above: Administrative Fee (per SREC purchased) ACE $17.07 JCP&L $17.00 RECO $30.00 SREC Transaction Fees (per SREC purchased) ACE $22.59 JCP&L $31.21 RECO $39.11 See Section in the RFP for further information. Segment (1 or 2 or 3) 1. Net-metered residential and small commercial PV(less than 50 kw); 2. Net-metered commercial PV (50 kw to 2MW); 3. Grid supply PV located on closed landfills, brownfields or areas of historic fill. Size of the Project in kw DC Size of the Project in kw AC Segment. 1: 50 kw; Segment 2: > 50 kw; Segment 3: varies by solicitation round see RFP Rules EDC Service Territory ACE JCP&L RECO Select only one Only projects in ACE s, JCP&L s or RECO s service territories will be considered. Please check the EDC service territory in which your project will be located. I have read and agree to the terms of the RFP. Your proposal will only be evaluated if you make the certification above by checking the box. Page 7 of 13
8 Section 8. Certifications I certify that the Project has the following characteristics: 1) The Project is for the construction of a solar electric (Photovoltaic or PV) system that produces electricity directly from sunlight. 2) For Segment 1 and Segment 2, the Project is not yet constructed at the time of the bid submittal and the Proponent will not request interconnection prior to the Board Order on the results of this solicitation. 3) The Project will be eligible to generate SRECs and be deemed to be connected to the distribution system. I further certify that the Proponent is not part of a bidding agreement with another Proponent. Signature of Owner of the Project Date Name of Person Signing If the Owner of the Project is an Entity, please fill in the name of the Entity below and complete the Supplement Form: Name of Entity Page 8 of 13
9 Section 9. Certifications (continued) I agree to the terms of the SREC Purchase and Sale Agreement ( SREC PSA ) without modifications, including: 1) the requirement for an inspection of the Project at the Owner s sole cost and expense to verify and certify that the SRECs generated by Seller s Project are eligible for use in complying with the New Jersey RPS; 2) the requirement that the SREC Meter be capable of measuring the electricity generated from the continued operation of the Project throughout the term of the SREC PSA so as to be reported to the EDC and PJM-EIS-GATS; and 3) the requirement for the Owner to agree to enter into net metering arrangements with the applicable EDC that meets the requirements of the Board s net metering rules and any applicable EDC tariff provisions (Segment 1 and 2 projects only). I agree that: 1) the Proponent will leave its Pricing Proposal open for a period of one hundred and twenty (120) days from Bid Day; 2) if the Proponent becomes a Successful Proponent, the Owner of the Project will sign the SREC PSA within five (5) business days of being given a Final Notice of Award by the EDC and, if the Owner of the Project is not the same individual or entity as the Host, will provide three (3) originals of Appendix C to the SREC PSA with original signatures from the Host; and 3) the Owner of the Project will execute with PJM-EIS-GATS a Standing Order for SREC certificate transfer when required to do so under the SREC PSA. Signature of Owner of the Project Date Name of Person Signing If the Owner of the Project is an Entity please fill in the name of the Entity below: Name of Entity Page 9 of 13
10 Section 10. Entity Ownership Supplement Form Successful Projects under the SREC-Based Financing Program (the "Program") are those that receive an award as determined by the New Jersey Board of Public Utilities ("BPU"). Owners of Successful Projects must enter into the Solar Renewable Energy Certificate Purchase and Sale Agreement ("SREC PSA") within five (5) business of appropriate notice from the EDC. Such notice will be issued no earlier than forty-five (45) days from the date of service of a BPU Order approving the results of the solicitation. The purpose of this Supplement Form (the "Supplement") is to obtain additional necessary information for the preparation of the SREC PSA by the EDC. This Supplement is only applicable if the Owner of Project is an Entity. The owner of the project is (please check one): An Entity (complete this Section) An Individual (proceed to Section 11) Entity entering into the SREC PSA: Structure of Entity Type of Entity (e.g., Corporation, LLC, Partnership, Sole Proprietorship, etc.) State in which the Entity is Organized or Established (i.e., State of Incorporation or formation) Signatory of the SREC PSA: Title Street Address City State Zip Code Please note that if the signatory is not an officer of the Entity, the EDC may require additional information to ensure that the signatory can bind the Entity to the SREC PSA. Page 10 of 13
11 Section 11. Customer Acknowledgment First Item: The Customer must describe the role of the Developer below. Second Item: Please specify who the Project Owner is: (Please choose ONLY ONE option) The Customer The Developer Other: (Please Specify) Please choose ONLY ONE option. Third Item: Please choose one of the options below. The customer must sign the acknowledgment. OPTION 1: The Customer is not the Owner of the Project. The Customer must sign below to acknowledge that (i) the Customer will agree to net metering arrangements with the EDC should the Proposal be successful (Segment 1 and 2 projects only), and (ii) the Owner of the Project named in this Proposal and identified above will, should the Proposal be successful, be the signatory to the SREC PSA. OPTION 2: The Customer is the Owner of the Project. The Customer must sign below to acknowledge that the Customer is the Owner of the Project and that, should the Proposal be successful, the Customer will be the signatory to the SREC PSA. Customer Signature Date Name of Person Signing If the Customer is an Entity, please fill in the name of the Entity below: Name of Entity Page 11 of 13
12 Section 12. Appendix C to SREC PSA You have identified in Section 4 the Owner of the Project. Please identify the Host below, namely the party who owns the premises or facility where the Project will be located (Please choose ONLY ONE option). The Customer The Developer Other: (Please Specify) Is the: 1) the Owner of the Project; and 2) the Owner of the premises or facility where the Project will be located (the Host ) the same individual or Company? If yes, please proceed to the next section. If no, you are required to submit an electronic copy in PDF format of Appendix C to the SREC PSA duly completed and signed by the Owner of the premises where the Project will be located ( Host ). Page 12 of 13
13 Section 13. Final Checklist A scanned and completed copy of this Bid Application must be submitted electronically by to the Solicitation Manager at Njsolar@navigant.com by the Bid Application due date. Include a Confirmation Number documenting that online payment of Application Fee was made (See Section of RFP Rules). Provide an electronic copy in PDF format of the Project Acceptance Letter under the Initial Application process of the SREC Registration Program attached to the transmittal e- mail accompanying the Bid Application. Provide an electronic copy in PDF format of the completed application materials under the SREC Registration Program, including all attachments. If the Owner of the Project is not the Host: An electronic copy in PDF format of Appendix C to the SREC PSA duly completed and signed by the Owner of the premises where the Project will be located ( Host ). Proponent s Bid Application will only be recommended for an award by the Solicitation Manager if the Proponent s Bid Application is complete and consistent with the requirements of Section 4.1 of the RFP Rules. Page 13 of 13
This Stipulation of Settlement ( Stipulation ) is hereby made and executed as of
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