Massachusetts Solar Overview
ISO New England, a Regional Transmission Organization, includes the state of Massachusetts. Solar facilities located in these states are eligible to participate in the MA Renewable Energy Credit Program. This includes all solar facilities that have a revenue grade meter and have the production reported to the New England Power Pool (NEPOOL) by an approved third party verifier/reporter.
Get Certified & Registered
Each system needs a state certification to be allowed to sell RECs and account with the New England Power Pool Generation Information System (NEPOOL GIS), a third party designated by the state to issue and track all credits in New England. Knollwood Energy will manage every step of this process for you. When your installer provides us with the required technical information, we will submit all of the required documentation to get your system approved and registered for RECs. We will also establish a NEPOOL account and manage it on your behalf.
Tracking Your REC’s
Massachusetts individuals cannot report their production directly. You must hire an Independent Verifier/ Reporter who will report the production to NEPOOL. The Knollwood Energy Customer Portal maintains a history of all of your RECs created and sold. On the day of each quarterly REC creation in NEPOOL, your account will be updated in our customer portal. You can log in and see if you have any new RECs.
REC Schedule
NEPOOL creates whole RECs quarterly based on the schedule below (partial production is rolled into the next quarter):
- Production from first quarter (January-March) RECs are created on July 15th.
- Production from second quarter (April-June) RECs are created on October 15th.
- Production from third quarter (July-September) RECs are created on January 15th.
- Production from fourth quarter (October-December) RECs are created on April 15th.
You will receive payment for RECs created a couple of weeks after each quarterly minting.
Earn Clean Peak Energy Credits
Knollwood Energy is now participating in Massachusetts’ Clean Peak Energy Credit (CPEC) program—a new way for battery storage system owners to earn money by supporting the grid during peak demand times.
What Are CPECs?
Similar to Solar Renewable Energy Credits (SRECs), CPECs reward clean energy use. But instead of earning credits for producing solar power, you earn credits for using stored energy (from your battery) during high-demand hours—helping reduce stress on the grid.
What Knollwood Energy Does
We work directly with utilities and work hard to get the highest possible prices for our customers in Massachusetts. When you join the Knollwood family, you are no longer an individual solar installation. You are instantly transformed into one of the largest institutional sellers in the state. That size translates into high prices, most likely higher than you could get on your own.
Knollwood takes care of:
- Registering your system with MassCEC & NEPOOL GIS
- Submitting your application to the Massachusetts Department of Energy
- Managing your system’s participation in the CPEC market