On July 24th, 2017, the Massachusetts Department of Energy Resources (DOER) announced that all of the MA2016 SREC-Is and SREC-IIs submitted to the auction account were transacted in the first round of the Solar Credit Clearinghouse Auction (SCCA). A total volume of 195,464 SREC-Is were bid on across 34 unique bidders, creating more than sufficient demand to clear the available auction volume of 18,428 SREC-Is.
The SREC-II auction followed suit, with a total bid volume of 303,956 across 11 unique bidders outweighing the available auction supply of 243,377 SREC-IIs.
DOER and EnerNOC are in the process of certifying and finalizing the auction results. More information will be made available on the SCCA auction page in the coming weeks.
If SRECTrade submitted SRECs to the SCCA on your behalf, we will provide further notice on the status of your transaction once the DOER and EnerNOC provide us with finalized auction results.