Determined by the commission on a per kilowatt-hour bases, no less than the difference between the average cost per kilowatt-hour to acquire electricity from renewable energy sources and the cost per kilowatt-hour to generate, acquire and save electricity. If it’s determined that the provider did not comply, the PUC may, after notice and hearing, impose an administrative fine that is assessed against the provider on each kilowatt-hour by which the provider failed to comply with the RPS, or take other administrative action against the provider, or do both.
Reaching 1.5% of energy sales by 2025.
Manage your SREC portfolio the smart way with SRECTrade's market leading software
Manage your facility and SREC portfolio online with full transparency and control over when and how your SRECs are sold.
We don't lock you into a contract to use our service and we don't take a principal position with your SRECs, so you can rest assured we're always targeting the best prices for you.
With over 324 MW of solar facilities under management, we're able to access more transaction opportunities for our clients.