Announcements


SPV-37: If we win a forecast quantity of RECs at 2 different prices (e.g., For Bids on the basis of a forecast quantity, if we have a winning Bid of 500 RECs at one price and another winning Bid of 500 RECs at a different price), may we have a System that is subsequently identified be awarded some RECs from the two different Bids?

No, all RECs within a single Bid must be offered at the same uniform price. The bidder will be required to execute a separate SPV Contract for each winning Bid based on a Forecast REC Quantity. For a System subsequently identified under an SPV Contract for a Forecast REC Quantity, RECs from the System shall be paid the purchase price associated with such SPV Contract.