ICE Pennsylvania Solar Alternative Energy Credit Future

Physically delivered Pennsylvania Solar Alternative Energy Credit (“Pennsylvania SREC”) where a Pennsylvania SREC is an electronic certificate issued by PJM GATS for qualifying generation.
== Contract Specs ==
Pennsylvania Solar Alternative Energy Credit Future	Pennsylvania Solar Alternative Energy Credit Future 	Pennsylvania Solar Alternative Energy Credit Future 	Pennsylvania Solar Alternative Energy Credit Future
Trading Screen Product Name 	SREC-PA Futures 	SREC-PA Futures 	SREC-PA Futures
Trading Screen Hub Name 	SREC-PA 	SREC-PA 	SREC-PA
Contract Symbol 	PAX 	PAX 	PAX
Settlement Method 	Physical delivery 	Physical delivery 	Physical delivery
Contract Size 	10 MWh representing 10 qualifying SRECs 	10 MWh representing 10 qualifying SRECs 	10 MWh representing 10 qualifying SRECs
Currency 	USD 	USD 	USD
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. 	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. 	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. The Exchange may list monthly contracts in the Standard Cycle or any other calendar month it determines for the current year and forward for up to ten years.
2. The Standard Cycle is: January, February, March, April, May, June, July, August, September, October, November and December 	1. The Exchange may list monthly contracts in the Standard Cycle or any other calendar month it determines for the current year and forward for up to ten years.
2. The Standard Cycle is: January, February, March, April, May, June, July, August, September, October, November and December 	1. The Exchange may list monthly contracts in the Standard Cycle or any other calendar month it determines for the current year and forward for up to ten years.
2. The Standard Cycle is: January, February, March, April, May, June, July, August, September, October, November and December
Last Trading Day 	Three Business Days prior to the last Business Day of the delivery month. 	Three Business Days prior to the last Business Day of the delivery month. 	Three Business Days prior to the last Business Day of the delivery month.
Deliverable Instruments 	Pennsylvania SREC eligible for delivery are those representing solar photovoltaic sources eligible to meet the Tier I Alternative Energy Credit requirement of the Alternative Energy Portfolio Standard promulgated under Pennsylvania 2004 Act 213 P.L. 1672 No. 213 and issued by PJM GATS having a vintage year designation that corresponds to the specified vintage of the expiring contract.	Pennsylvania SREC eligible for delivery are those representing solar photovoltaic sources eligible to meet the Tier I Alternative Energy Credit requirement of the Alternative Energy Portfolio Standard promulgated under Pennsylvania 2004 Act 213 P.L. 1672 No. 213 and issued by PJM GATS having a vintage year designation that corresponds to the specified vintage of the expiring contract.	Pennsylvania SREC eligible for delivery are those representing solar photovoltaic sources eligible to meet the Tier I Alternative Energy Credit requirement of the Alternative Energy Portfolio Standard promulgated under Pennsylvania 2004 Act 213 P.L. 1672 No. 213 and issued by PJM GATS having a vintage year designation that corresponds to the specified vintage of the expiring contract.
Registry 	PJM GATS 	PJM GATS 	PJM GATS
MIC Code 	IFED 	IFED 	IFED
Clearing Venues 	ICEU 	ICEU 	ICEU
Trading Hours 	CITY 	TRADING 	PRE-OPEN
Trading Hours 	NEW YORK 	7:50 PM - 6:00 PM
19:50 - 18:00 	7:40 PM
19:40
Trading Hours 	LONDON 	12:50 AM - 11:00 PM
00:50 - 23:00 	12:40 AM
00:40
Trading Hours 	SINGAPORE 	7:50 AM - 6:00 AM
07:50 - 06:00 	7:40 AM
07:40
Trading Hours 	*Next Day
Sunday Pre-Open 5:40 PM ET; Closed on Saturday 	*Next Day
Sunday Pre-Open 5:40 PM ET; Closed on Saturday 	*Next Day
Sunday Pre-Open 5:40 PM ET; Closed on Saturday
Codes 	Clearing Admin Name 	SREC-PA C1 	SREC-PA C1
Codes 	Physical 	PAX 	PAX
Codes 	Logical 	PAX 	PAX
Codes 	GMI (FC) 	JN 	JN
Codes 	ION A.C.N. 	None 	None
== Notes ==
== References ==
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