Marcus,

Our project is a campus which is pursuing a PPA. The power would be generated on the campus and net-metered so that the building owner will not pay for electricity generated by the PV system. The campus will also retain or replace the REC. However, our local utility requires that net-metering occur through a separate metered service. the net metered energy provided to the grid is paid a premium per kWh (hence the PPA) as the utility company is essentially purchasing a distributed PV power plant rather than spending the equivalent on a point source energy generation facility.
I have seen you state a few times that you don't believe a grid connect PV system is allowed, but if the two systems connect to the grid at the same location and there is one to one credit between generated energy and offset energy, I'm not clear on why not? Is there any further guidance or experience where this has been a problem. Up until seeing this comment in more recent posts the team has thought we were fine as we think we comply with everything that came up in the January 10 "Campus PV PPA" discussion.