Friday, May 20, 2011
SREC Glut Will Mean Lower Prices Fetched
Here's an interesting article posted on Flett Exchange's web page. Looks like New Jersey has taken to solar. The downside is that there are more SRECs being generated than anticipated, making them less valuable.
"There are two ways to prevent the SREC market from being oversupplied. First is to slow the pace of solar development and second is for New Jersey to increase the amount of solar needed."