FAQ Archives - July 2015 Auction
The FAQs on this page are no longer relevant, as they are from past auctions. These FAQs are posted here only for reference purposes. Do not rely on the information provided on this page for the current auction.-
FAQ-173:
Do you have data on the total historical solar generation in New Jersey?
This website is only for the New Jersey EDCs’ sale of SRECs. Total historical solar generation data is not available on this website.You may want to direct your attention to New Jersey's Clean Energy Program website via this hyperlink: http://www.njcleanenergy.com/renewable-energy/project-activity-reports/installation-summary-by-technology/solar-installation-projects
08/04/2015 in General
- FAQ-172:
Can you comment on Auction prices?
This website is only for the New Jersey EDCs’ sale of SRECs. All data is confidential other than what is available on this website.
07/15/2015 in General
- FAQ-171:
What were the results of the July 2015 SREC Auction?
The July 2015 SREC Auction took place on July 14, 2015.The results of the Auction were as follows:
Closing price for the 2015 SREC product: $246.42/SREC
Number of 2015 SRECs sold: 42,470
The 2015 SRECs were created in GATS as generation between June 1, 2014 and May 31, 2015.
07/15/2015 in General
- FAQ-170:
How soon can I expect to hear from the Auction Manager once I have submitted my Qualification Materials for the Auction?
The Auction Manager endeavors to respond to all Qualification submissions within one business day of receipt. After review, the Auction Manager will provide a notice either stating that the qualification materials are complete and consistent with the requirements or will provide an assessment of those items that remain deficient.
07/01/2015 in Qualification
- FAQ-169:
Will the EDCs offer any more EY 2015 SRECs additional to those sold in the July 2015 SREC Auction? If so, how many will be available and in which SREC Auction will they be included?
Pre-EY 2015 SRECs, EY 2015 SRECs, and EY 2016 SRECs are expected to be for sale in the anticipated October 2015 Auction. Currently we cannot make predictions about the volume of SRECs in upcoming Auctions.A range of available SRECs is announced to all registrants to the SREC website in the weeks before each Auction. If you are not registered to the SREC website and would like to receive such announcements, please register for email updates: http://solarrec-auction.com/index.cfm?s=contactUs&p=register.
07/01/2015 in General
- FAQ-168:
It is my understanding that the New Jersey BPU Order approving PSE&G’s Solar Loan III Program mandated that SRECs generated through the Solar Loan Program could not be made available for sale prior to EY 2016. How many EY 2015 SRECs were withheld in compliance with the Order and when will they be sold in auction?
Your understanding is correct. With the completion of the hold period, PSE&G released all 1,255 EY 2015 SRECs generated by its Solar Loan III program in the June 9, 2015 SREC Auction.
07/01/2015 in General
- FAQ-167:
Is it necessary for a previously qualified Bidder to submit a newly signed Representation Form to participate in the upcoming Auction?
Yes, it is necessary to complete a new representation form for each SREC Auction in which you participate. A representation form is valid only for the auction that appears in the bottom right corner of the form.Please note returning bidders are additionally required to submit pre-bid assurance collateral by wire transfer for each Auction and to make any updates and/or corrections to their account information.
06/24/2015 in Qualification
- FAQ-166:
I plan to participate in the October 2015 SREC Auction. Would it be possible to download the Auction Software or to receive any training materials related to the Software prior to participation in the Auction?
The auction software is a web-based application that does not require you to install special software on your computer. Training materials are made available to participants upon qualification and a training session is expected to be conducted for the October auction. We look forward to your participation at that time.
06/23/2015 in General
- FAQ-172: