Announcements
February 10, 2016: ANNOUNCEMENT: Range of Available SRECs; Qualification Forms due February 26
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, March 10, 2016. Qualifications are due by 12PM (noon) EPT on Friday, February 26, 2016.
Product Offering. In this upcoming Auction, there will be two vintages of SRECs available: 2015 SRECs and 2016 SRECs. For 2015 SRECs, between 7,000 and 10,600 SRECs created in GATS as generation between June 1, 2014 and May 31, 2015 are available. For 2016 SRECs, between 44,000 and 65,000 SRECs created in GATs as generation between June 1, 2015 and February 29, 2016 are available.
Our qualification process is online. To buy SRECs in the March 2016 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.