04 Oct '11, 4am

East Coast SREC Prices Hit New Lows: Solar Renewable Energy Credit (SREC) prices have reached new lows in the

On the other hand, New Jersey's SREC prices remained high through the end of the second quarter, but with the onset of Energy Year 2012 (June 1, 2011 through May 31, 2012), they have plummeted to less than $200. This price drop is a result of New Jersey surpassing its Energy Year 2012 solar goal of 370 megawatts shortly before the end of the third quarter of 2011. Like Pennsylvania, New Jersey's massive growth in Q2 came as a result of developers completing an existing pipeline of projects. It's likely that this backlog will keep installers and integrators busy through the end of 2011. Moreover, the expiration of the 1603 Treasury Program will force system owners to assume SREC risk in order to begin construction before the end of the year. This additional capacity will drive New Jersey SREC prices even lower.

Full article: http://www.greentechmedia.com/articles/read/srec-prices-h...

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East Coast, Old, & Acoustic

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Korean style shoes at reasonable prices! | flea.sg

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