FAQ Archives - March 2020 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.
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FAQ-223:
Can the Auction Manager please provide the banking information of each EDC prior to the start of the Auction?
Winning bidders are provided contact information and banking information for the counterparty with which they’ve won (PSE&G, JCP&L, ACE and RECO) as part of the contract execution process at the conclusion of the auction. The EDCs will not provide this information prior to the completion of the Auction.
03/05/2020 in
General
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FAQ-222:
If we win blocks in the Auction, from which EDCs will we be able to purchase SRECs and when will we receive notification of the EDC(s) with which we will execute the Transaction Confirmation(s)?
PSE&G, JCP&L, ACE, and RECO will be the sellers in the March 2020 SREC Auction. No later than one (1) business day after the close of the Auction, the Auction Manager will notify each winning bidder of the number of SRECs that it will purchase, the EDCs from which it will purchase such SRECs and the number to be purchased from each EDC, and the final Auction price for the vintage(s) of SRECs.
02/28/2020 in
General