Voluntary Sales - Vintage 2025
This page includes information on the Vintage 2025 Voluntary Sales as described under the Phase 5 Implementation plan. 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 Sales will be announced by NYSERDA CES Team. See below for more information.
Voluntary Re-Sale
The vintage 2025 Voluntary Tier 1 REC Re-Sale will last 14 days beginning on 3/30/2026 at 7am EST and ending on 4/13/2026 at 7pm EST. For a step by step breakdown on how to submit an order, utilize this slide deck from the Buyers Webinar [PDF] held in 2024.
Vintage 2025 Voluntary Tier 1 REC Re-Sale Information
Re-Sale Price: $21.23
Re-Sale Quantity: 6,000,000
Re-Sale Minimum Order Quantity: 1,000 RECs
Important Dates
| Date | Milestone |
|---|---|
| March 19, 2026 | Price and Quantity Announced |
| March 30, 2026 | Re-Sale Opens |
| April 13, 2026 | Re-Sale Closes |
| April 14, 2026 | *Invoices Issued |
| May 14, 2026 | Invoices Due |
| June 30, 2026 | Retirement Deadline |
Voluntary Pre-Sale
The Voluntary Pre-Sale for Vintage 2025 Tier 1 RECs 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:
Voluntary Pre-Sale for Vintage 2025 Tier 1 RECs Information
Pre-Sale Price: $25.07
Pre-Sale Quantity: 2,750,000
Pre-Sale Minimum Order Quantity: 1,000 RECs
Voluntary Pre-Sale for Vintage 2025 Tier 1 RECs
| Voluntary Market Vintage 2025 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 |
Connect With Us
Learn more about how to participate in the Voluntary REC Sales Program.
Get in touch at [email protected].