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New Jersey SREC Market Update – August 2014


The first of the new 2015 Energy Year SRECs were minted in GATS last Friday. Prices for spot SREC sales during the last year rallied in all of the major SREC markets covered by Flett Exchange. This was mostly due to new solar development being under control along with successful …

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Posted in: New Jersey SRECs, Research, SREC, Uncategorized

New Jersey Low Solar Installation Rate Lends Support to the SREC Market


The rate of new solar installations in New Jersey has been dropping for over a year. This low build rate coupled with the increasing SREC demand put in place by legislation over a year ago is why SREC prices are up 100% from a year ago. Prices for new SRECs …

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Posted in: New Jersey SRECs, Press Releases, Research, SREC

New Jersey SREC Prices Make New Highs – October 2013 Solar Capacity Update


Prices for New Jersey solar renewable energy certificates (SRECs) have risen in the past few months. On October 4th the 2014 energy year SRECs settled at $149.63 on the Flett Exchange Trading Platform. This is the highest price yet for the 2014 SRECs on the spot market, 30% higher than …

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Posted in: New Jersey SRECs, Research, SREC

New Jersey Solar Capacity Upadate: August 2013


The New Jersey Office of Clean Energy released the July solar installations last week. There are now 23,076 solar installations in the state with a total capacity of 1,106 Mw. There were only 11.5 Mw installed in July. This is the lowest amount of solar installed in one month since …

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Posted in: New Jersey SRECs, Research, SREC

New Jersey Solar Capacity Update – March 2013


The New Jersey Office of Clean Energy reported that 18 Mw of solar was installed during the month of March. This brings the installed capacity of solar in New Jersey to 1,026Mw. There are now 20,887 solar arrays in operation statewide.     The installation of 18 Mw in March …

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Posted in: New Jersey SRECs, Research, SREC, Uncategorized

New Jersey Solar Capacity Update – February 2013


The New Jersey Office of Clean Energy reported that 35 Mw of solar was installed during the month of February. This brings the installed capacity of solar in New Jersey to over 1 Gigawatt! There are now 20,340 solar arrays in operation statewide.   The 35 Mw for February was …

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Posted in: New Jersey SRECs, Press Releases, Research, SREC

New Jersey Solar Installation Update – December 2012


The New Jersey Office of Clean Energy reported a build of 9Mw for the month of December. (This is a preliminary number as of January 7th). If this is actually close to the final number, it indicates that the solar industry in New Jersey is finally starting to develop within …

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Posted in: New Jersey SRECs, Research, SREC

NJ BPU may require new meters for small solar systems that rely on estimates


All New Jersey solar owners that rely on estimated meter readings for solar arrays of 10Kw or less may soon be required to have a revenue grade meter installed. If the meter is not installed the owner will not be able to earn SRECs. As of now, there is no …

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Posted in: New Jersey SRECs, Research

Maryland Senate Passed Legislation to Accelerate SREC Demand


The Maryland Senate passed legislation, Senate Bill 791, increasing the minimum percentage of  Tier 1 renewable energy the must be derived from solar in the Maryland renewable energy portfolio standard. It will increase the amount of Solar Renewable Energy Certificates SRECs that the energy companies will have to buy from …

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Posted in: Maryland SRECs, Research

Should I Wait to Sell My N.J. SRECs?


In past years, waiting until the end of the energy year to sell spot SRECs has always brought higher prices for sellers. This year things may not be that straightforward because it is the first year that there are more SRECs produced than electric producers are required to purchase. The …

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Posted in: New Jersey SRECs, Research, SREC


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