Ohio SREC Market Update

The Ohio SREC market is a split market at this point. 50% of Ohio Renewable Portfolio Standard (RPS) buyers SREC purchases must be met by in-state facilities. The remaining 50% can be met by bordering state generators (PA, WV, KY, IN, MI) That are registered in the state of Ohio. There is a point when out of state sited SRECs can no longer be accepted by RPS buyers. What this means to non-Ohio sited SREC sellers is that the value of selling in Ohio will be decreased or nonexistent. This is only meant for the short run EY 2010. Future energy years can bring different results.