Total Proceeds for Reinvestment Now Exceed $2 Billion
The auction generated more than $82 million for reinvestment in strategic energy and consumer benefit programs, including energy efficiency, renewable energy, direct bill assistance, and GHG abatement programs. Cumulative proceeds from all RGGI CO2 allowance auctions now exceed $2 billion dollars.
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|Auction 27 Results At-A-Glance|
|Auction Date||March 11, 2015|
|Allowances Offered for Sale||15,272,670|
|Ratio of Bids to Initial Supply||2.8|
|Proceeds from Auction 27||$82,625,144.70|
|Total Cumulative Proceeds (All Auctions)||$2,017,671,088.75|
|Number of Bidders in Auction 27||45|
|Percent of Allowances Purchased by Compliance Entities & their Corporate Affiliates in Auction 27||100%|
|Percent of Allowances Purchased by Compliance Entities & their Corporate Affiliates in Auctions 1-27||78%|