In April 2017, SRECTrade participated in the Spring round of the Illinois 2017 Utility Distributed Generation Procurement. SRECTrade was among the six winning suppliers of the 5-year REC contracts awarded through the Spring 2017 Utility DG Procurement. A summary of average winning bid prices and number of RECs can be found below. Please note that the number of RECs quoted by the IPA is in annual quantities. For the Illinois Power Agency’s official announcement of the results, please click here.
The IPA procured 97,745 RECs during the Spring round, which fulfilled 70% of the 2017 procurement target (138,510 RECs over five years). The remaining volume of 40,765 RECs will be available for the Fall round.
SRECTrade will also be participating in this year’s Fall Utility DG Procurement, and we will publish application and bid details within the coming months.