2025 Voluntary Sales
This page includes information on the 2025 Voluntary Sales as described under the Phase 5 Implementation plan. NYSERDA was pleased to offer Tier 1 RECs Vintage 2025 in the 2025 Voluntary Tier 1 REC Pre-Sale. These Tier 1 RECs will be sourced from a variety of Renewable Energy Projects located in New York State. In addition, the Tier 1 RECs will be composed of various fuel sources including Solar, Wind, Hydroelectric. This page also includes important dates to note for the program. Pricing and Quantities of Tier 1 RECs to be sold during the 2025 Voluntary Pre-Sale have been announced by NYSERDA CES Team. See below for more information.
Voluntary Pre-Sale
The 2025 Voluntary Tier 1 REC Pre-Sale lasted 14 days beginning on 7/31/2024 at 7am EST and ending on 8/14/2024 at 7pm EST. Results of the 2025 Voluntary Tier 1 REC Pre-Sale:
2025 Tier 1 REC Pre-Sale Information
Pre-Sale Price: $25.07
Pre-Sale Quantity: 2,750,000
Pre-Sale Minimum Order Quantity: 1,000 RECs
2025 Voluntary Tier 1 REC Pre-Sale Results
| 2025 Voluntary Market Pre-Sale Summary | |
|---|---|
| Tier 1 REC For Sale | 2,750,000 |
| Price per Tier 1 REC | $25.07 |
| Tier 1 RECs Sold | 58,500 |
| Pre Sale Revenue | $1,466,595 |
| Buyer Demographic | |
|---|---|
| Government Agencies | 44,000 Tier 1 RECs |
| Load Serving Entities (LSEs) | 13,500 Tier 1 RECs |
| Colleges & Universities | 1,000 Tier 1 RECs |
~$1.5 Million Avoided Ratepayer Costs
Important Dates
| Date | Milestone |
|---|---|
| June 18th, 2024 | Buyers Webinar [PDF] |
| July 12th, 2024 | Price and Quantity Announced |
| July 31st, 2024 | Pre-Sale Opens |
| August 14th, 2024 | Pre-Sale Closes |
| August 15th, 2024 | Invoices Issued |
| September 14th, 2024 | Invoices Due |
| Q1 2026 | RECs Delivered |
| June 30, 2026 | Retirement Deadline |
To learn more about how to participate in NYSERDA's new Voluntary REC Sales Program email us at [email protected].