Thank you to those who have participated in the 4th Round of the NJ SREC-II Based Financing Program. At this time, Awards under the SREC-II Based Financing Program have been communicated to successful bidders.
For further information, please see the NJ BPU Board Order.
Results from Round 4 of the SREC-II program solicitation are now expected to be announced shortly after the September 23, 2016 NJ BPU Board meeting.
The next solicitation round, Round 5 of the NJ SREC-II program, is expected to be issued shortly thereafter.
For those who have missed the first RFP webinar, please note the next RFP Webinar has been scheduled on June 3, 2016 at 2 PM Eastern. Please register by clicking here: Webinar Registration
Please note the following revision to the RFP bid rules:
The 1st RFP Overview Webinar has been conducted. A second RFP Overview Webinar will be scheduled for those who were unable to attend.
Round 4 of the SREC-II Program Solicitation has been launched.
Please note that certain circuits in the ACE, JCP&L, and RECO service territories may be restricted to Solar PV installations or have other notable limitations. See the Restricted Circuit Info page for details.
What is this RFP for?
Atlantic City Electric Company (“ACE”), Jersey Central Power & Light Company (“JCP&L”), and Rockland Electric Company (“RECO”), (collectively referred to as the Electric Distribution Companies (“EDCs”) and each, individually, as an “EDC”), are issuing this Request for Proposals (“RFP”) to select solar projects (“Project” or “Projects”) with which to enter into contracts for the purchase of Solar Renewable Energy Certificates (“SRECs”), based on the proposed price of each Project’s SRECs. Through this RFP, the EDCs will only contract for the purchase of SRECs for the term of the SREC Purchase and Sale Agreement (“SREC PSA”), and not for energy or capacity associated with any Project.