Delmarva Power is a key partner in the first
utility-scale solar power plant in the Delaware region: Dover SUN Park.
Delmarva Power, the City of Dover and others reached multiple agreements for
financing a 10-megawatt solar power plant in the city's Garrison Oak Technology
Park.
We are purchasing up to 70 percent of the solar renewable
energy credits associated with the energy output from Dover SUN Park, which
began commercial deliveries in 2011. Solar renewable energy credits (SREC) from
Dover SUN Park are being held by the Delaware Sustainable Energy Utility until
2015 to prevent an over-saturation of the SREC market for Delaware's smaller
market participants.