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Typically, there is no assigned monetary value to an SREC. SREC prices are ultimately determined by market forces within the parameters set forth by the state. If there is a shortage in SREC supply, pricing will rise, resulting in an increase in the value of the incentive for solar systems and an intended acceleration in solar installations.
In the United States, spot prices for SRECs generally decreased from 2010 to 2014. In New Jersey, the spot price for a 2010 SREC was $665.04 in July 2010 and about $160 in May 2014 for SRECs generated in different years. In Delaware, the spot price for a 2010 SREC was $255 in July 2010 and about $50 in May 2014 for SRECs generated in different ...
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Financial. Headquarters. Jersey City, New Jersey. , United States. Flett Exchange is an environmental commodity exchange and brokerage firm based in Hoboken, New Jersey. [1] The company is specialized in trading of Solar Renewable Energy Certificates (SRECs) in the United States.
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