2013 Preliminary Results To Be Announced

The 2013 SREC solicitation will announce preliminary results for certain winners. Initial winning bids in Tiers N1, N2, and E1 will be notified by email and on the SRECDelaware.com dashboard by the end of Friday, 4/26/2013. Losing applications will not be announced until next week. The remaining results are pending the process described in Section 7.1 of the solicitation rules. , which state:

” The SEU will award SREC Transfer Agreements to such projects with the lowest price bids in each solicitation.  The SEU may select an Owner in any lower Tier (i.e. N-2 or E-1) to fill the requirements of any higher Tier (i.e. N-3 or E-2) subject to certain limitations.  For Tier N-1, 30% of the total procurement must be awarded to Owners submitting bids in Tier N-1.  For Tier N-2, at least 35% of the total procurement must be awarded to Owners submitting bids in Tier N-2.  For Tier E-1 at least 50% of the total procurement must be awarded to Owners submitting bids in E-1.  Provided these stated minimums are met, the SEU will accept for each Tier the lowest bid prices.”

The SEU anticipates releasing the results of this process by Friday, April 26th.