REC Aggregation Services Recommended for Emergent Energy
- Disclosed value
- 15% of the sale value of registered Renewable Energy Credits, with a minimum fee of $3.75 per REC
- From agendapacket
- Document date
- Nov 10, 2026
The 30-second brief
Lower Merion recommended authorizing a services agreement with Emergent Energy Solutions, LLC to register, aggregate, and sell the Township's Tier II Renewable Energy Credits. Emergent will retain 15% of REC sale proceeds, subject to a $3.75-per-REC minimum fee, with no upfront Township cost.
Emergent Energy Solutions LLC holds this professional services contract with Town of Lower Merion.
Term as filed: 5 years for the REC Pricing Statement; qualified projects and associated RECs remain exclusively managed by Emergent for at least 5 years or the remaining life of the registered generation asset.
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Contract details
- Contract type
- Professional Services
- Amount
- 15% of the sale value of registered Renewable Energy Credits, with a minimum fee of $3.75 per REC
- Document date
- November 10, 2026
- Term
- 5 years for the REC Pricing Statement; qualified projects and associated RECs remain exclusively managed by Emergent for at least 5 years or the remaining life of the registered generation asset
- Vendor
- Emergent Energy Solutions LLC
- Agency
- Town of Lower Merion
- Source document
- Township of Lower Merion AgendaPacket Finance Committee Meeting 2026-11-11 (AgendaPacket)
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Questions about this contract
Who was awarded the professional services contract by Town of Lower Merion?
Emergent Energy Solutions LLC was awarded this professional services contract by Town of Lower Merion, as recorded on November 10, 2026. The contract value is 15% of the sale value of registered Renewable Energy Credits, with a minimum fee of $3.75 per REC.
How much is the Emergent Energy Solutions LLC contract with Town of Lower Merion worth?
The Emergent Energy Solutions LLC contract with Town of Lower Merion is valued at 15% of the sale value of registered Renewable Energy Credits, with a minimum fee of $3.75 per REC, covering professional services work.
What type of contract is this?
This is a Professional Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Township of Lower Merion AgendaPacket Finance Committee Meeting 2026-11-11 (AgendaPacket), dated November 10, 2026 from Town of Lower Merion. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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