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Introduction 

Congratulations on this milestonereaching commercial operation. Here is what to expect.

Your NYSERDA Project Manager will be reaching out shortly to touch base with you on next steps. Once the generator is registered in NYGATS and producing energy, it is important to understand the following:

  • In order for all eligible generation (including test energy) to be correctly flagged Tier-1, Seller must dispute any generation that is loaded to NYGATS NYGATS before the Statement of Qualification (SoQ) is issued. Contact NYGATS for assistance. If a Seller does not adhere to this requirement, NYGATS will will not be required to update RECS already created. Once the SoQ has been issued, Seller and NYSERDA will coordinate with NYGATS to accept the generation for Tier 1 REC creation.
  • The REC Agreement’s Delivery Start Date is Contract Delivery Term usually starts the first of the month following the project’s Commercial Operation date. The NYGATS Account Holder for the project is able to sell any Tier-1 RECs on the open marked prior to the Delivery Start of the NYSERDA’s agreementpre-dating the Contract Delivery Term of its NYSERDA REC Agreement on the open market. For example, if you declare Commercial Operation and start generating electricity on August 17, the REC Agreement Contract Delivery Start Date Term will be September 1. Sellers are free to sell Tier -1 RECs generated from August 17 th through August 31st to through August 31 to any interested party.


Transfer of Operational Projects

Instructions

UI Steps
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UI Step

Please Seller to review Tier 1 – Obtaining a Statement of Qualification Guide.

After receiving your SoQ, please send verify that it has been uploaded to the LSR portal and notify your NYSERDA Project Manager who is (as indicated in the Salesforce portal for your project Portal project record), as this is a requirement of Operational Certification (Op Cert) for your NYSERDA REC Agreement.

Warning
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Your Project Manager will provide you with a list of additional documents needed for Operational Certification. Invoicing cannot begin until everything contractually is complete; to avoid delays please be timely in providing any requested documentation.

UI Step


ui-stepui-step
UI Step

Seller and NYSERDA Project Manager to schedule a Pre-Operational Certification Meeting. A typical agenda will include discussion of the following:

You will also need to confirm your
Expand
titleReview Payee W-9 Tax ID No.

Review 

Payee W-9 Tax ID No.

is correct

to ensure payments are sent to the correct entity.
To view the Payee W-9 Tax ID No.

log

log into Salesforce, then locate and access the

correct 

correct Project Record.

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Once in the Project Record, click

the 

the Details tab and review

the 

the Payee W-9 Tax ID No.

 in the 

in the Project Information. Verify that the

 Payee

Payee W-9 Tax ID No. is correct. If not, please contact your NYSERDA Project Manager

(listed in the Portal) via email

. Additional documents will be required in order to process a change to the Payee W-9 Tax ID No.

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Expand
titleAmendment of the REC Agreement

At a minimum, Installed Capacity will need to be added to Schedule 1. Additional modifications may be necessary, such as updating the Seller’s contact information in Section 19.01 Notices. The NYSERDA Project Manager will provide draft amendment to the Seller for review.

Tip

If a Payment Assignment or Modification is required, additional time will be required to process. The NYSERDA Project Manager will work with the NYSERDA Settlements Manager to ensure that

any 

any Payment Assignment or Modification is processed and approved prior to commencement of payments

.
UI Step

.

Important to Note: Execution of the Amendment to the REC Agreement is needed to achieve Operational Certification.

Expand
titleReturn/Retention of Contract Security

 The NYSERDA Project Manager will discuss return and/or partial retention of contract security, per your REC Agreement.

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titleProject Role Updates

Seller to review Project Roles listed in the LSR Portal and notify the NYSERDA Project Manager of any updates. Seller to identify an Asset Manager (primary contact once the project is operational) and Billing Contact (individual who will receive invoice notifications). Seller is responsible for ensuring Project Roles listed in the LSR Portal are kept up to date.

Any Billing Contacts provided

Complete the Project Role Update Form Contact Form and submit to your NYSERDA Project Manager. Once payments commence, all Billing Contacts

will receive automated messages for invoice payments. At least one Billing Contact must have Portal access to review and approve invoices.

Tip

Did you know? A Contact can be provided

with 

with Read Only Access

 to

to the Portal, which will allow that individual to only view the project record and related documents, including invoice payments. They will not be able to edit any fields or upload any documents. Email your NYSERDA Project Manager to request.

UI Step
Expand
titleAdd or Update Banking Account Information - EFT Form

Only once the Payee W-9 Tax ID No. is confirmed to be correct by the Seller in the LSR portal, to

To

avoid processing errors and a delay in payment, it is highly recommended that

you enroll

you enroll to receive payments

via

via ACH for the Payee Tax ID No. and Payee Supplier entity listed in the Portal. For information on how to set up, please

visit

visit Adding/Updating Banking Information – EFT Form.

Expand
titleSubmit CARC Waiver to NYISO

For projects that settle with the Index REC methodology, Seller must fill out theNYISO CARC Waiveron company letterhead and submit to NYISO with copy to NYSERDA.

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titleProject-Specific Operational Certification Checklist

The NYSERDA Project Manager will provide a project-specific Operational Certification checklist that identifies documents/items required in order to achieve Operational Certification. Please complete checklist and provide all documentation promptly.

  • Once you have addressed all items provided in the project-specific Operational Certification checklist, upload the completed checklist and all corresponding documentation to the Portal “(OP-CERT) - Operational Certification Documents” document slot and notify the NYSERDA Project Manager.
  • NYSERDA Project Manager will review and alert you of any deficiencies. 
  • Once deficiencies are cured, NYSERDA will complete its Operational Certification review and make a determination (typically within 30 days). 
  • Seller will be notified by NYSERDA via email of the Operational Certification review determination. 
Tip

Review the generic Operational Certification Request Checklist as a preview of what may be expected. 


UI Step

Operational Certification Handover Meeting

Once Operational Certification is achieved, the NYSERDA Project Manager and Seller will schedule a handover call with the NYSERDA settlements team to review the invoicing process and answer any questions.

To better understand how Index REC payments are calculated please visit Tier 1 - REC Index Pricing Structure and Calculations.

UI Step

Reminders

  • Once operating,
please
  • be sure to provide hourly generation data on at least a quarterly basis.
Please send to 
UI Step
Please review
  • Send to GENDATA@nyserda.ny.gov, or contact your NYSERDA Project Manager to arrange an alternate delivery method.
UI Step

NYSERDA’s Agreement requires that you collaborate with NYSERDA’s Communications Unit, or RS program staff, regarding the preparation of any press release, public announcement, publication or media interview with respect to the contract or project. Contact your Project Manager to be put in touch with NYSERDA’s Marketing and Communication Team.

please
  • see NYGATS contacts . For questions related to Tier 1 eligibility,
please Always
UI Step

  • Be sure to refer to the current NYSERDA Project Manager listed in the

Salesforce

  • Portal.

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UI Step

For further details please visit https://knowledge.nyserda.ny.gov/pages/viewpage.action?pageId=148508591

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