Solar Rec Auctions
Optimal's Solar Rec Auctions - Leading the Way to the Future of Energy
As the future of energy changes, the way in which companies procure it will change as well. The Solar Renewable Energy Credit (Solar REC for short) is one way to move our energy industry forward, by rewarding companies who produce eletricity in a clean way, and allowing them to treat this as an asset with value that can be traded. Companies that wish to buy/sell Solar REC's have one main issue though - due to the lack of liquidity in the market, values are tough to determine. Rather than using a broker (and paying their exhorbitant fees), more and more companies are turning to auctions and auction companies like Optimal Auctions.
Optimal Auctions Solar REC Auctions - Cheaper, Faster, Better-Tested - Guaranteed
Our Solar REC Auctions are incredibly configurable, allowing us to meet any rules or regulations that you may have with your solar rec auction. In fact, there are over 132 settings in our auction software, which means no matter the complexity or requirements of your solar REC auction, you can feel assured that Optimal Auctions can deliver a software solution that will be cheaper, faster, and better-tested than any of our competitors. We guarantee it!
Our Software Makes Everything So Easy, Why Try to Create Your Own?
We would be incredibly happy to show you a demonstration of our software. We are confident that once you see how the software works, and how easily it controls every aspect of your auction, you will never go back to using an Excel spreadsheet. Our software takes care of everything you could imagine - exact timing of rounds, ensuring bids are received in time, ensuring bids adhere to eligility rules, and thousands of other things. Plus, it runs right in your browser, so anyone with a desktop, laptop, or even a smartphone can use our software. Your bidders can simply log on and bid - there's nothing to install!
Call Now For a Demo - 512-947-8273
We will be happy to talk with you about your auction software needs, and will help answer any questions you might have. As this burgeoning industry begins to take off, you need to trust a company like ours who have been there since Day 1. Optimal Auctions has started the industry of Solar REC auctions, and has been there continually from that day on. There's no one you can trust more than us.
What is a Solar REC Auction?
A Solar REC auction is incredibly simple once you see it in action, you'll question why every country and every state aren't using it already. Bidders use our Clock Auction software to bid on the number of REC's they'd like to purchase at the pre-determined price. Each round, the price of a single REC goes up, and bidders withdraw volume as the price increases. At a certain point in the auction, when the REC's have reached a certain price level, the demand for REC's equals the supply, and the auction ends, with that price being the price that all buys purchase the REC's at. The auction is incredibly efficient, with most ending in a few hours, and the cost usually being 75% less than a broker.