New Jersey SREC Market Trades Below $200 the first time since September 2011
The New Jersey SREC market has slid below $200 for the first time since September 15, 2011. The Flett Exchange marketplace settled at $195.50 today for immediate payment and delivery. Oversupply of...
View ArticleElectric Distribution Company Auction Clears $171.63
The Electric Distribution Companies (EDCs) sold 26,480 New Jersey Solar Renewable Energy Certificates (SRECs) yesterday. The clearing price for the auction was $171.63. The SRECs were auctioned off by...
View ArticleShould 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...
View ArticleMaryland 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...
View ArticleNew Jersey SREC Market Trades Below $100!
The New Jersey SREC market traded below $100 for energy year 2012 SRECs on Thursday, April 19, 2012. The settlement price on the Flett Exchange was $88.94. The New Jersey 2012 SREC market has been...
View ArticleNJ 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...
View ArticleNJ 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....
View ArticleLegislation 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...
View ArticleProduction Meters are Required for Small NJ Solar Generators to Earn SRECs
Solar owners in New Jersey who rely on estimates to earn Solar Renewable Energy Certificates (SRECs) will be required to have a production meter by November 30, 2012 or they WILL NOT earn SRECs...
View ArticleGovernor Christie Comments on New Jersey Solar Legislation (Video)
During a town hall meeting in Haddonfield on Tuesday, June 12, Governor Christie commented on the Senate and Assembly bills aimed at stabilizing the solar industry in New Jersey. As for the Solar...
View ArticleNew 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...
View ArticleBusinessweek 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...
View ArticleGovernor 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...
View ArticleNew 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...
View ArticleNew 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...
View ArticleNew 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...
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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...
View ArticleThe 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...
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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...
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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...
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