Saturday, September 24, 2011

Some lefe seems to be coming back to 2012 NJ SRECs

http://www.readability.com/articles/pludmzrf?legacy_bookmarklet=1

2011 SRECs enjoyed stable prices around $650.
2012 prices collapsed to around $160 since the recent monthly rate of growth of PV systems suggested there would be a glut well above the required SREC availability for utilities to buy and comply with the requirement.

But generators are holding their SRECs back and the prices have now crossed $200. I am sure many future solar installations in the pipeline will be cancelled due to severe loss of economic value perhaps helping to stabilize the SREC pricing.