FAQ Archives - June 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.-
FAQ-228:
Can you please provide a schedule for upcoming SREC Auctions?
For each SREC Auction, the Auction Manager announces in the Addendum to the SREC Auction Manual the tentative schedule for future Auctions. The Addendum to the SREC Auction Manual for the June 2020 SREC Auction has been posted to the Documents page of the Auction website.
05/28/2020 in General
-
FAQ-227:
Can I sell my SRECs in the New Jersey SREC Auctions?
This website is only for the New Jersey EDCs’ sale of solar renewable energy credits ("SRECs") through the SREC Auctions. Participants in the SREC Auctions bid to purchase SRECs from the EDCs.This website is intended to be used as a source of information for energy companies and traders interested in purchasing SRECs through SREC Auctions held by the EDCs and not for parties looking to sell SRECs themselves.
05/28/2020 in General
-
FAQ-226:
Can the Auction Manager please provide the banking information for PSE&G prior to the start of the June 2020 Auction?
Typically, winning bidders are provided contact information and banking information for the EDCs from which they are purchasing SRECs as part of the contract execution process at the conclusion of the auction. However, to avoid any potential delays in the post-auction process that may come as a result of the current health crisis, PSE&G is willing to provide banking information prior to the June 2020 Auction. Such information is available upon request to the SREC Auction Manager at SREC-Auction@nera.com.
05/28/2020 in General
-
FAQ-225:
We’re unable to provide a wet signature on the Representation Form. May we submit a Representation Form for a previous SREC Auction instead?
To participate in the SREC Auction, a bidder must fulfil the basic qualification standards outlined in Article II of the SREC Auction Manual. In particular, the Representative of the bidder makes all certifications required by completing the Representation Form available on the Documents page of the auction website. Bidders must complete and provide the Representation Form provided specifically for the Auction in which they intend to participate.Please note that due to emergency measures enacted in the wake of COVID-19, the Auction Manager will accept electronic signatures on the Representation Form and does not require the signature to be a “wet” signature. In the event that an electronic signature is used such that the signature is provided as a typed name of the Representative, the Auction Manager may confirm the identity of the signatory by phone.
05/13/2020 in Qualification
-
FAQ-224:
Will winning bidders be permitted to provide electronic signatures on the Transaction Confirmation following the auction?
Yes. An electronic signature on the Transaction Confirmation is acceptable to PSE&G for the June 2020 SREC Auction.
05/13/2020 in General