Announcements
May 02, 2022: ANNOUNCEMENT: Ranges of Available SRECs; Qualification Forms due June 1
Public Service Electric and Gas Company (“PSE&G”) will be holding an auction to sell Solar Renewable Energy Certificates (“SRECs”) on Thursday, June 9, 2022. Qualifications are due by 12 PM (noon) EPT on Wednesday, June 1, 2022.
Product Offering. In this upcoming Auction, there will be available between 1,000 and 2,000 2019 SRECs created in GATS as generation between June 1, 2018 and May 31, 2019, between 1,000 and 2,000 2020 SRECs created in GATS as generation between June 1, 2019 and May 31, 2020, and between 60,000 and 90,000 2022 SRECs created in GATS as generation between June 1, 2021 and May 31, 2022.
Interested parties must qualify by submitting an online Qualification Form. Bid assurance collateral is not required for this auction. 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 website. Please visit the Documents page to access these documents.