More on SREC Value Plummet

Here's an article from the Gloucester County Times (here in South Jersey) over the weekend.

More about the SREC glut / price plummet.http://www.blogger.com/img/blank.gif

Gloucester County Times

Went Ahead and Lowered My SREC Price

I'm facing reality here -- SRECs are not as valuable as they were just a few months ago. I've been glancing at my statements only casually, but today I looked close and saw that I have 4 unsold SRECs. So I just lowered my minimum sales price. Just for the sake of experimentation, I did it this way:

2011/06 NJ (I have 1): minimum price $400

2011/07 NJ (I have 2): minimum price $300

2011/08 NJ (I have 1): minimum price $200

The next auction is October 31. I'll post my results...

Here's How It's Looking Two Years In

Good SREC Price Again

Well, somehow the latest SREC sold at $640 again, same as it used to be. We do seem to be starting to pile up unsold ones, though. They used to sell like clockwork so I didn't bother keeping track. Guess I better get on it.

Other than that, things are going well. This is one of my favorite times of year -- still lots of sun, less energy needed = big monthly credit from electric company because of all the extra energy we're generating and dumping back onto the grid...

What Will Irene Do to Us?

I can't lie, I'm pretty nervous about what might happen to our 48 panels tonight. We're right in the path of Irene's hurricane strength winds...

Irene

SRECs Prices Declining in NJ (Yeah, We Know)

Here's an article from the Philadelphia Inquirer telling is what we already know.

SREC prices plummeting!http://www.blogger.com/img/blank.gif


I've just authorized my broker to sell the ones I have on hand basically for whatever they can get.

The weird part is how sudden this was. It was 600, 600, 600, etc., etc, straight to *worthless*. You'd think the decline would have been slower and steadier...

Guest Post I From SunRun

And now, this from SunRun!

Infographic by SunRun – Home Solar Leasing Made Easy