Announcements


W&S-85: Will you be trying to meet the annual target of 200,000 RECs for solar projects exactly? For example, suppose the lowest priced Project has an annual quantity of 160,000 RECs, the second lowest priced Project has an annual quantity of 90,000 RECs, and the third lowest priced Project has an annual quantity of 40,000 RECs. Will the evaluation select the lowest priced and third lowest priced Projects in order to achieve the annual target of 200,000 RECs? Or is it the case instead that it is possible that only a portion of the annual quantity for a Project will be taken as a winning Bid?

Projects of a given type (wind or solar) will be selected on the basis of price. In the example you provide, the lowest and the second lowest priced projects would be selected. The second lowest priced project would win only a portion of the RECs bid (40,000 of the 90,000 RECs).  If the results are approved by the Commission, the Bidder would have the option to accept or reject the partial award.