Figure: 16 TAC §25.476(f)(5)(B)(ii)

SRR / TS,

where

SRR =    the statewide REC requirement, in MWh, as calculated by the REC Trading Program
Administrator for the compliance period coinciding with the EFL, and

TS    =    total MWh sales for all REPs to Texas customers during the compliance period
coinciding with the EFL.