New Jersey State Seal


Solar Installation Counter

Find a Trade Ally

Find a Trade Ally

Program Literature

Applications and Brochures - Download Program Materials

Learn About Solar Energy

Subscribe to eNewsletter

Newsletter

Follow Us: Become a Facebook Fan!Follow us on Twitter!

SREC Pricing

 

Download Updated Trading Data:

SREC trade data for prior months and Reporting/Energy Years is available on the page below and includes all SREC trade data from SREC trading inception on 08.14.04 through the present month.

Current SREC Trading Statistics Energy Year 2015

The tables below contain monthly New Jersey SREC pricing data based on prices reported by registered SREC account holders. This data is provided for informational purposes only. Past SREC pricing is not predictive of future values, and any persons considering investment in the solar market should perform their independent due diligence.

Effective with 2011 reporting, the terminology of Reporting Year was changed to Energy Year to be consistent with The Solar Energy Advancement and Fair Competition Act (A3520). The tables that cover periods prior to the legislative change will continue to be referred to as Reporting Years.

Current SREC Trading Statistics Energy Year 2016

For SRECs from electricity produced June 1, 2015 – May 31, 2016.  

 

EY 2016 SACP= $323 SREC Quantity Monthly Cumulative
Month Year Active kW DC Issued in Month Traded in Month High
($/MWh)
Low
($/MWh)
# of SRECs Traded Weighted Avg Price
($/MWh)
Nov  2015  1,481,973  141,713 145,921 $485 $100 757,299 $203.95
Oct 2015 1,470,847 158,205 310,438 $488 $70 611,378 $200.49
Sep 2015 1,454,195 202,528 208,071 $480 $70 300,940 $191.06
Aug 2015 1,442,768 185,530 92,869 $480 $50 92,869 $193.25
July 2015 1,436,356 153,510          
  Total   841,486 757,299        

Current SREC Trading Statistics Energy Year 2015

For SRECs from electricity produced June 1, 2014 – May 31, 2015.  

EY 2015 SACP= $331 SREC Quantity Monthly Cumulative
Month Year Active kW DC Issued in Month Traded in Month High
($/MWh)
Low
($/MWh)
# of SRECs Traded Weighted Avg Price
($/MWh)
Nov 2015 1,481,973 8,353 468,351 $374 $93 3,588,945 $192.64
Oct 2015 1,470,847 5,011 372,273 $400 $130 3,120,594 $191.86
Sep 2015 1,454,195 6,266 96,331 $250 $110 2,748,321 $193.42
Aug 2015 1,442,768 12,528 104,982 $480 $83 2,651,990 $192.25
July 2015 1,436,356 19,948 650,499 $500 $40 2,547,008 $191.13
June 2015 1,452,817 213,825 345,133 $485 $70 1,896,509 $190.17
May 2015 1,411,852 180,995 202,367 $485 $95 1,551,376 $187.76
Apr 2015 1,403,991 115,679 95,912 $490 $70 1,349,009 $187.72
Mar 2015 1,394,845 85,161 141,976 $495 $48 1,253,097 $187.45
Feb 2015 1,387,919 74,497 142,317 $488 $67 1,111,121 $185.93
Jan 2015 1,343,366 62,856 169,175 $590 $46 968,804 $183.49
Dec 2014 1,327,016 98,501 208,575 $486 $70 799,629 $179.11
Nov 2014 1,319,866 103,381 139,726 $518 $41 591,054 $175.31
Oct 2014 1,311,103 152,339 226,727 $518 $70 451,328 $181.15
Sep 2014 1,294,048 164,188 153,637 $518 $70 224,601 $167.25
Aug 2014 1,288,482 163,745 66,311  $518  $70 70,964 $178.25
July 2014  1,283,599  150,158 4,653        
  Total   1,617,431 3,588,945  

Note 1: The Active kW DC data is based upon generators that have registered their NJ Solar generating facility at PJM GATS as of the end of the month. Additional projects that are installed but have not yet registered are not included in the values shown above. 

Final SREC Trading Statistics Energy Year 2014
For SRECs from electricity produced June 1, 2013 - May 31, 2014. Includes transactions during the true-up period through 11/30/14. 

EY 2014 SACP= $339 SREC Quantity Monthly Cumulative
Month Year Active kW DC Issued in Month Traded in Month High
($/MWh)
Low
($/MWh)
# of SRECs Traded Weighted Avg Price
($/MWh)
November 2014 1,355,220 2,277 194,867 $270 $50 2,923,695 $175.80
October 2014 1,346,458 7,793 280,105 $670 $110 2,728,828 $175.53
September 2014 1,329,403 8,766 231,272 $620 $60 2,448,723 $176.80
August 2014 1,323,838 8,075 91,929 $500 $95 2,217,451 $179.13
July 2014 1,310,510 29,784 555,764 $600 $40 2,125,522 $179.96
June 2014 1,272,864 164,586 366,414 $510 $63 1,569,758 $182.55
May 2014 1,253,582 158,618 127,996 $620 $70 1,203,344 $182.62
Apr 2014 1,244,143 116,395 188,295 $590 $60 1,075,348 $181.01
Mar 2014 1,231,620 63,782 94,457 $524 $70 887,053 $182.69
Feb 2014 1,192,133 55,162 99,400 $524 $70 792,596 $183.39
Jan 2014 1,179,192 52,207 170,466 $610 $70 693,196 $183.26
Dec 2013 1,132,095 103,455 143,767 $590 $40 522,730 $176.45
Nov 2013 1,118,543 91,969 77,064 $510 $70 378,963 $181.86
Oct 2013 1,113,043 132,960 201,965 $641 $50 301,899 $182.89
Sep 2013 1,102,834 126,470 59,396 $545 $50 99,934 $198.19
Aug 2013 1,096,358 121,102 36,469  $545  $50 40,538 $223.03
July 2013  1,082,413  120,692 4,069        
  Total   1,364,093 2,923,695  

Note 1: The Active kW DC data is based upon generators that have registered their NJ Solar generating facility at PJM GATS as of the end of the month. Additional projects that are installed but have not yet registered are not included in the values shown above. 

 

Additional Reporting Years
Click on years to expand/collapse reporting.

 

The cumulative weighted average price takes into account all of the SRECs that have been traded for all of the months reported.  This number can be used to reflect pricing trends.  It is calculated based on [(number of SRECs sold at price A* price A) + (number of SRECs sold at price B* price B) +...] / (total number of SRECs sold at price A + total number of SRECs sold at price B+...)]

RPS Regulations Reference

Follow these steps to view the RPS regulation rules:

  1. NJBPU's rules page.
     
  2. On the rules page, look under the picture of the gavel and click on 'Rules currently in effect (N.J.A.C.).'
     
  3. This will take you to the New Jersey Administrative Code on Lexis/Nexis where you should click on the folder entitled New Jersey Administrative Code.
     
  4. Click on the folder entitled TITLE 14 PUBLIC UTILITIES.
     
  5. Then click on CHAPTER 8 RENEWABLE ENERGY AND ENERGY EFFICIENCY. 

Solar Installation Counter

Find a Trade Ally

Find a Trade Ally

Program Literature

Applications and Brochures - Download Program Materials

Learn About Solar Energy

Subscribe to eNewsletter

Newsletter

Follow Us: Become a Facebook Fan!Follow us on Twitter!


New Jersey State Seal