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Supplier Says Its Unsettled RECs that were Swept into System Residual Mix is Not a Waiver Request
In a May 4, 2026 OCC filed an objection to Eligo Energy’s request that PURA either permit Eligo to use 2024 RECs to meet 2025 RPS compliance or that PURA cede its authority to make this decision to NEPOOL.
In its filing OCC said it “…acknowledges that the Authority’s treatment of Unsettled Certificates has been inconsistent over the decades, but in Docket No. 20-06-01 the Authority drew a bright line and has not strayed from it since… Contrary to Eligo’s argument, this holding by the Authority is fully applicable to Eligo’s request. The reason the Authority has not issued any rulings specific to Unsettled Certificates after this Notice is because the Notice made it clear that the Authority would no longer entertain such motions.”
Eligo responded on May 6th to OCC’s filing saying that , “Eligo’s request is not to reallocate misplaced RECs or transfer RECs from one account to another, but rather a pathway offered by NEPOOL where an Account Holder may make use of its Unsettled RECs that were swept into the system residual mix – it is not a waiver request”
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