How are SRECs produced as a result of the ACE-JCP&L SREC-Based Financing Program validated?
The number of SRECs credited to the Seller’s GATS account will be based on the energy generation from the Project based upon the reading of a meter. This meter will be owned and installed by the EDC at the Seller’s expense. The electricity generation will be tracked through monthly meter readings in accordance with PJM-EIS-GATS Operating Rules. Engineering estimates will not be accepted as a basis for establishing the actual amounts of generation and determining the number of SRECs created by the Project.
