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June 23, 2010: Qualifications to Buy SRECs at Auction Due June 29, 2010


New Jersey requires that a portion of the electricity delivered to its customers be supplied from solar electric generation systems. Suppliers to New Jersey customers must comply with these requirements by submitting Solar Renewable Energy Certificates (“SRECs”). NERA Economic Consulting (“NERA”) is managing quarterly auctions that provide to these suppliers and traders an opportunity to purchase SRECs.

To buy SRECs in the auction starting on July 20, 2010, an interested party must qualify by submitting two (2) signed originals of the Qualification Form by 12 PM (noon) Eastern Prevailing Time on June 29, 2010.   The Qualification Form can be downloaded from the Documents section of the auction web site, www.solarREC-auction.com.

If you require additional information, please use our Ask a Question form.

 

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