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October 30, 2023: ANNOUNCEMENT: Range of Available SRECs; Qualification Forms due November 29

Atlantic City Electric Company (“ACE”), Jersey Central Power & Light Company (“JCP&L”), and Public Service Electric and Gas Company (“PSE&G”) will be holding an auction to sell Solar Renewable Energy Certificates (“SRECs”) on Thursday, December 7, 2023.  Qualification forms are due by 12 PM (noon) EPT on Wednesday, November 29, 2023.

Product Offering. In this upcoming Auction, there will be available between 40,000 and 60,000 2024 SRECs created in GATS as generation between June 1, 2023 and November 30, 2023.

Bid assurance collateral is not required for this auction.  Interested parties must qualify by submitting the online qualification form: https://njsrec-application.com/.  The Auction Manager will send returning bidders a reminder of their login information.  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.

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