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ACE and JCPL entering into long-term agreements to purchase Solar Renewable Energy Certificates
(12/08/2009)

Atlantic City Electric (ACE) and Jersey Central Power & Light (JCP&L) are conducting a Request for Proposal (RFP) to secure Solar Renewable Energy Certificates (SRECs). “By entering into long-term agreements to purchase SRECs, we hope to provide a strong financial incentive for increased investment in solar power projects throughout New Jersey,” said John Paganie, vice president, Customer Service & Energy Efficiency, FirstEnergy, the parent company of JCP&L. “In addition, purchasing SRECs als... [more]

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