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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

The New Jersey SREC Market Rallies Back over $100!


The New Jersey SREC market rallied up in the last week. Prices for energy year 2013 SRECs broke above $120 briefly on Monday, February 4th on the Flett Exchange SREC marketplace. This is up significantly from the low of $60 in October. As of this writing bids were $110 for …

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Posted in: New Jersey SRECs, 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

New Jersey SREC Prices May Have Found Support!


New Jersey SREC prices have rallied from an all-time low price of $60 in October to $80 most recently on the Flett Exchange trading platform. We think the market has found its bottom at this time.   We think that a bottom is put in place for three main reasons: …

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Posted in: New Jersey SRECs, Press Releases, SREC

New Jersey Electric Distribution Companies Sell 60,600 SRECs at $70.50


Jersey City, NJ:The electric distribution companies (EDC’s) sold 60,600 New Jersey SRECs at $70.50 each today in an auction. This was the price for energy year 2013 SRECs. They sold over 5,000 energy year 2012 SRECs yesterday at $70.02 each. The EDC’s sell SRECs every quarter.   Based on an …

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

New Jersey SRECs Settle below $100 on Flett Exchange


Solar renewable energy certificates settled at $97.75 today on the Flett Exchange SREC marketplace. This price is for immediate delivery and payment for the 2012 reporting year SRECs. The new 2013 reporting year SRECs settled at $100. This is the first time that prompt year New Jersey SRECs have settled …

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

Governor Christie Signs New Jersey Solar Legislation


Trenton, NJ: Governor Chris Christie signed S1925 / A2966 into law today. This law makes adjustments to the solar incentive program in New Jersey.        As most of our customers know by now, solar development in NJ during the past 2 years has exceeded State mandates for solar. Since the …

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Posted in: New Jersey SRECs, SREC, Uncategorized


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Businessweek and Greentechmedia articles on NJ Solar Bill


The following are two articles recapping the NJ solar bill that was passed by the New Jersey Legislature. It is awaiting Governor Christies’ signature. The legislation is geared to support the Solar Renewable Energy Credit SREC market, sustain solar development in the Garden State and protect ratepayers.   SREC prices …

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Posted in: New Jersey SRECs, SREC, Uncategorized

New Jersey Legislature Passes Solar Bill


The New Jersey Legislature passed a bill A2966 on June 25, 2012 aimed at supporting solar development in New Jersey. It is now up to Governor Christie to sign the bill into law. He has 45 days to do so.   Solar development in New Jersey during the past year …

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Posted in: New Jersey SRECs, SREC

 



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