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September 12, 2016: ANNOUNCEMENT: Range of Available SRECs; Qualification Forms due September 29

Atlantic City Electric Company (“ACE”), Jersey Central Power & Light Company (“JCP&L”), Public Service Electric and Gas Company (“PSE&G”), and Rockland Electric Company (“RECO”)  will be holding an auction to sell Solar Renewable Energy Certificates (“SRECs”) on Wednesday, October 12, 2016.  Qualifications are due by 12PM (noon) EPT on Thursday, September 29, 2016.

Product Offering. In this upcoming Auction, there will be available between 1,900 and 3,000 2016 SRECs created in GATS as generation between June 1, 2015 and May 31, 2016, and between 80,000 and 120,000 2017 SRECs created in GATS as generation between June 1, 2016 and September 30, 2016.

Our qualification process is online.  To buy SRECs in the October 2016 SREC Auction, an interested party must qualify by submitting an online Qualification Form.  The Auction Manager will send instructions to all returning bidders on Wednesday, September 13, 2016

New bidders must request an account to access the online Qualification Form by completing the Qualification Registration Form.

The SREC Auction Manual, the Master Solar Renewable Energy Certificates Agreement, and the Addendum to the SREC Auction Manual have been posted to the web site.  Please visit the Documents page to access these documents.

 

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