Announcements


S&B-54: By how much does the Collateral Requirement increase if the Seller elects to extend the REC Delivery Deadline to May 31, 2022?

Under the REC Contract, the Collateral Requirement is $10 times the Annual Quantity and is subject to a minimum of $50,000. The Increased Collateral Requirement is $20 times the Annual Quantity and is subject to a minimum of $100,000. In effect, should the Seller elect to extend the REC Delivery Deadline from May 31, 2021 to May 31, 2022, the Seller must post double the amount.