Indexed REC RFP – REMINDER: Comments on the Draft Indexed REC Contract and Preliminary Proposal Requirements due Monday, March 23

The 2026 Long-Term Plan provides for a procurement of Indexed Renewable Energy Credits (“Indexed RECs”) from new utility-scale wind projects, new utility-scale solar projects, new brownfield site photovoltaic projects, and new hydropower projects at an existing dam or modernized or retooled hydropower projects at an existing dam this Summer 2026. The quantities to be procured are 2,500,000 RECs delivered annually from either new utility-scale wind or hydropower projects, 1,300,000 RECs delivered annually from new utility-scale solar projects, and 266,271 RECs delivered annually from new brownfield site photovoltaic projects.

On March 5, 2026, the Procurement Administrator posted to the procurement website Preliminary Proposal Requirements and the Draft Indexed REC Contract for the Summer 2026 Indexed REC RFP. The Procurement Administrator invites all interested parties to submit comments on any aspect of these documents as well as on three specified topics (Surety Bonds, Impacts of H.R. 1, and General Feedback on Improvements). The deadline to provide comments is Monday, March 23, 2026. The comment process is explained in the Invitation to Comment posted here.

The calendar for the Summer 2026 Indexed REC RFP is available on the procurement website here.