Announcements


Indexed REC-8: Is the Average Winning Bid Price ($/MWh) provided in the Indexed REC RFP Results a weighted average?

The Average Winning Bid Price of $72.59/MWh, provided in the Indexed REC RFP Results for Fall 2022, is an average of the winning strike price for the winning utility-scale solar and brownfield site photovoltaic projects weighted by the annual quantity of RECs awarded for each project. Please note, there were no winning utility-scale wind projects in the Fall 2022 Indexed REC RFP.