Please note all bids under Round 9 of the SREC-II Program are due June 29, 2018 by 5:00 PM Eastern Prevailing Time (EPT).  This is the last round of the SREC-II program, and correspondingly the final opportunity to secure a fixed price for SRECs over a 10-year period pursuant to an SREC Purchase and Sale Agreement with the participating New Jersey Electric Distribution Companies (JCP&L, ACE and RECO).

With the deadline approaching, and despite recent spot market price movements, we advise that parties provide the most competitive price possible to maximize chances of selection commensurate with the 10-year tenor of the SREC PSA.  Bid prices deemed non-competitive this round will not have a subsequent round to participate in under the SREC-II program.

We also highly advise all parties who have registered in our online application system to submit bid applications as early as possible. The online application system will automatically close to new submissions at 5:00 PM EPT on June 29.  In the event an applicant submits early and decides to make changes to a submission, please alert the Solicitation Manger. The application will be returned to the applicant for editing prior to the bid opportunity window closing. 

Upon submission, applicants will receive a confirmation notice with a full PDF of the submitted application.

Please contact the Solicitation Manager at njsolar@navigant.com with any questions.

Regards,

Solicitation Manager

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