Announcements
September 11, 2015: ANNOUNCEMENT: Range of Available SRECs; Qualification Forms due October 2
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 Thursday, October 15, 2015. Qualifications are due by 12PM (noon) EPT on Friday, October 2, 2015.
Product Offering. In this upcoming Auction, there will be two vintages of SRECs available: 2015 SRECs and 2016 SRECs. For 2015 SRECs, between 1,800 and 2,700 SRECs created in GATS as generation between June 1, 2014 and May 31, 2015 are available. For 2016 SRECs, between 69,000 and 104,000 SRECs created in GATs as generation between June 1, 2015 and September 30, 2015 are available.
Our qualification process is online. To buy SRECs in the October 2015 SREC Auction, an interested party must qualify by submitting an online Qualification Form. The Auction Manager will send instructions to all returning bidders.
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.