1. Renewable Energy Committee Meeting Applied Energy Group, Inc.
Solar Market Update
Renewable Energy Committee Meeting
August 22, 2016
Applied Energy Group, Inc.
317 George Street, Suite 305
New Brunswick, New Jersey 08901
Presenters:
Mike Ambrosio, SVP
Tammy Vanblarcom, Manager 1

2. Installation and Pipeline Reports for July were posted on August 18th
Solar Reporting Update
Installation and Pipeline Reports for July were posted on August 18th
Monthly Reports have been added to the Solar Installation Report
Installation Report-New Row Added
Monthly installation numbers will be updated as additional PTO’s
are reported
2016 w/PTO prior to 1/1/15-Registrations processed in 2016 with a
PTO date prior to 1/1/2015 2

3. Installation Report Update
: Data reported by Honeywell (HW) based on QA/QC date
QA/QC: Row includes those registrations processed by HW with a QC/QA date in
2015 and 2016, with PTO dated prior to 1/1/15. Those projects that had a PTO prior to
1/1/15, with a QA/QC date prior to 2015 are included in the numbers
“NEW” 2016 w/PTO prior to 1/1/15: This row includes those registrations
processed in 2016 with a PTO date prior to 1/1/2015
: Capacity based on PTO
Estimated installations: final as-built packets received that have not yet been processed 3

4. Monthly Installation Report4

5. Pipeline Report Update5

6. Grid projects pipeline Report6

7. Solar Reporting Update
Target date for posting the Solar Installation and Pipeline Reports is the 15th of each month
Equipment List for completed projects is scheduled to be posted on September 15th 7

8. SREC Trading Statistics Energy year 2016
Current SREC Trading Statistics Energy Year 2016 – through June 2016
For SRECs created from electricity produced during Energy Year 2016, June 1, May 31, 2016, or during Energy Years 2013, 2014 or SRECs eligible for use in NJ’s RPS have vintage established by the Solar Act of 2012 but may only be retired once.
EY 2016 SACP= $323. Due to low trade volume, the July 2015 trades are reported with the pricing data from the previous Energy Year
Note: Information reported prior to March 2016 based on historical reports
PJM-GATS is currently developing the Cumulative Weighted Average Report which will be available on their website in the near future 8

9. SRP Program Operations Update9

10. SRP Registration Submitted
* March and April totals include the 4100 registrations that were withdrawn from the
pending queue and re-submitted in the online portal
5302*
3306
3098
2653
2059
1808 10

11. SRP Acceptance Letter Issued
3985
2435
1676
1676
1286
SRP Registrations are issued SRP Acceptance letters within 2-3 days from date the registration is submitted 11

12. Completions NJ Certification Numbers Issued
Completed YTD Totals
2847
1674
* 1713 (through 8/16)
1272
542 54
16th
Final As Built Packets submitted through 6/24 have been processed
8 week timeline for processing NJ Certification Numbers
Nearly up to date on entering PTO dates for (paper) Final As Built packets
* August numbers are not included in YTD totals 12

13. Visit NJCleanEnergy.com Call (866) NJSMART
For More Information
Visit NJCleanEnergy.com
Call (866) NJSMART
For the latest updates on program announcements
or new incentives, subscribe to the NJ Clean Energy Program
E-Newsletter at: NJCleanEnergy.com.