New Jersey SREC Prices Make New Highs – October 2013 Solar Capacity Update
Posted on October 22, 2013 by Michael Flett
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 the low price of $115 on July 16th and significantly higher than the $60 all-time low SREC price last October. The Electric Distribution Companies (PSE&G, Atlantic City Electric, Jersey Central Power & Light and Rockland Electric) conducted a large SREC auction on October 17th for 76,417 energy year 2014 SRECs. It cleared at $147.00 per SREC. Prices as of this publication are slightly lower.
Originally from : http://markets.flettexchange.com/2013/10/22/new-jersey-srec-prices-make-new-highs-october-2013-solar-capacity-update/