Skip to main content

Request for Proposals to Purchase RECs by RIE

Rhode Island Energy

Proposals sought for Renewable Energy Certificates

Companies interested in selling Renewable Energy Certificates (RECs) can find details and deadlines for proposals here.

Rhode Island Energy seeks proposals for the supply of RECs generated from facilities in Rhode Island, New England, and surrounding regions that meet the Rhode Island Renewable Energy Standard (RES). These facilities must be approved by the Rhode Island Public Utility Commission as existing renewable resources that meet RES requirements.

The following tables summarize the quantity of certificates RIE is seeking to purchase:

Request for renewable energy certificates: April 27th, 2026

RFP for Renewable Energy Certificates (RECs)

Year NEPOOL-GIS Certificates
from Existing Energy Resources
NEPOOL-GIS Certificates
from New Energy Resources
Total NEPOOL-GIS Certificates
2025 31,176 136,000 167,176
2026 30,000 0 30,000 

Important deadlines for RFP submission and pricing

Event Due dates (all times EST)
Issue Request for Proposal  April 27, 2026
Submit Respondent Proposal Information and Proposed Contract Modifications (if applicable) May 1, 2026 by 5 p.m.
Submit Pricing May 5, 2026 by 10 a.m. 
 Company reviews Bids and informs winning suppliers May 5, 2026 by 5 p.m.
Company submits solicitation process summary to the Division of Public Utilities and Carriers   No later than one business day after pricing
Winning bidder(s) and Company execute CPA(s)   No later than two business days after pricing