- Trading Screen Product Name
- REC-CT Futures
- Trading Screen Hub Name
- REC-CT C1 V16
- Commodity Code
- Settlement Method
- Contract Size
100 MWh representing 100 Connecticut Class 1 RECs
- Minimum Price Fluctuation
The price quotation convention shall be One cent ($0.01) per MWh;
minimum price fluctuation may vary by trade type. Please see Table
in Resolution 1 to this Chapter 18.
- Listing Cycle
1. Standard-cycle contract listings: January, February, April, May,
July, August, October and November contracts for the current year
and forward for up to 10 consecutive years.
2. The Exchange may list any other calendar month contract set off
the standard-cycle listing schedule through the last expiring
- Last Trading Day
Three Business Days prior to the last Business Day of the delivery
- Deliverable Instruments
Connecticut Class 1 RECs eligible for delivery are those
representing Class 1 renewable energy (defined in General Statutes
of Connecticut, Title 16, c. 277, §16-1(26)) eligible to meet
Class I requirement of the Renewable Energy Portfolio Standard
promulgated under General Statutes of Connecticut (Title 16, c.
283, §16-245a) and issued by NEPOOL GIS having a vintage or
energy year designation that corresponds to the specified vintage
of the expiring contract.
- MIC Code
- Clearing Venues