This exercise is intended to help you explore and understand the RPS Case Study (Part I) and become better acquainted with the structure and principles of a Renewable Portfolio Standard policy.

1. (2 pts) For the PA AEPS, what is thesolar carve out percentagefor each year inreporting years6 - 10? To answer this question, Visit thePA AEPS website(Links to an external site.) (https://web.archive.org/web/20150905103648/http://paaeps.com/credit/)
2. and see the Overview page. Take a few minutes to check it out! (Note that this is an archived page - you can hit the "x" in the top right corner to remove the unnecessary heading. This is easier to view in table form, but If you are so inclined, you can view the same information by seeing the original legislation. Go to thenew AEPS site(Links to an external site.) https://www.pennaeps.com/
3. , then click on AboutAEPS, then click on the link to the AEPS Act of 2004 near the top of the page. Section (b)(2) indicates the solar carveout percentages.)
4. (8 pts) For each year in reportingyears 6 - 10, how many SRECs are required to comply with the PA AEPS? To calculate the number of SRECs required, you'll need to know the amount of electricitysoldin Pennsylvania. You'll find this information on theU.S. Energy Information Administration(Links to an external site.) https://www.eia.gov/
5. Web site. Navigation: Under "Sources & Uses," select "Electricity." Near the top of the page, select "Analysis & Projections." Scroll down and open, "State Electricity Profiles" (You may have to scroll down pretty far. You can also use a text search by hitting +F on your keyboard.)Assume this same value (the most recent one on the page) for all compliance years. Remember to use the sales, not generation, numbers. (HINT: Be very careful with units of measure and watch decimal places.) Round to one decimal place when expressing SRECs.

Write out all calculations, and make sure it is very clear how you arrived at your answer. If you used the same formula for multiple answers, you can indicate that to save time.

Please provide an organized answer by using 1) and 2) in your answer. Thanks!