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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 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

Legislation to Fix New Jersey Solar Market is Introduced!


The long awaited legislation to fix the solar market in New Jersey has been introduced! Senator Bob Smith and Senate President Stephen Sweeney introduced Senate bill S-1925 on May 14, 2012. Here are the main points:   Increase the RPS starting in Energy Year 2014. (this is the amount of …

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Posted in: New Jersey SRECs, SREC, Uncategorized

NJ Biz reports: Bill Addressing Solar incentives could be proposed today


NJ BIZ released a report that a “Bill Addressing solar incentives could be proposed today” Go to NJ biz.com to read the full report.   www.njbiz.com/article/20120503/NJBIZ01/120509923/Sources:-Bill-addressing-solar-incentives-could-be-proposed-today   Solar installers and investors in New Jersey have been expecting a legislative fix to the SREC market. The market prices have collapsed to …

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Posted in: New Jersey SRECs, SREC, Uncategorized

 



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