Fwd: New Jersey SRECs Remain Strong

New Jersey market re-emerging strongly.

---------- Forwarded message ----------
From: "FlettExchange.com" <info@flettexchange.com>
Date: Mar 8, 2016 1:59 PM
Subject: New Jersey SRECs Remain Strong
To: "apope@arcstarenergy.com" <apope@arcstarenergy.com>
Cc:

Web Version  |  Update preferences  |  Unsubscribe Like Tweet Forward Flett Exchange Settlements and other Links Register for a Free Account New Jersey Pennsylvania Maryland Washington DC Ohio New Jersey SREC Prices Slip But Still Remain Close to Highs Please go to the Flett Exchange Website for SREC prices, news and to log into your account  New Jersey SREC Update Click HERE  to view this email on webpage New Jersey SREC Prices Slip But Still Remain Close to Highs   The New Jersey SREC market reached a four year high on February 5th with a settlement of $289.78 on the Flett Exchange trading platform. Prices retraced $14 back down to $275 and are now trading close to $280 today. Why have SREC prices risen? SREC prices have remained stable and risen during the past few years because the majority of new solar installed in New Jersey are small lease systems on single family homes as opposed to large scale solar farms which can at times take up 50 or more acres of farmland. Legislation passed in 2012 limited the amount of cheaper large scale grid connect projects in favor for net metered projects (solar on or next to buildings that offset that buildings electricity).  Smaller systems cost more than large systems to build so they need a higher SREC price. However, with spot SREC prices at $280 to $290 and 3 year SREC contracts at $245 we should see an increase in new solar construction in the next year. What are solar owners doing with their SRECS? Solar owners in New Jersey are taking advantage of the rising SREC prices and are selling any banked SRECs that they have accumulated along with any that they produce on a month to month basis. We suggest to our solar owners to sell on a consistent basis, especially as prices rise. How do I sell? If you are a Flett Exchange customer and would like to sell your SRECs for immediate payment and delivery you can always log into your Flett Exchange account or give us a call on the trading desk at 201-209-0234. If you are a new customer you can register for an account here. If you have a large amount of SRECs call and we will try to sell your SRECs at higher block prices. The Quickest and Easiest way to sell: Customers can also check out our "sell now price" on our website and transfer your SRECs to "Flett Exchange, LLC" at that price on GATS. We will take care of the rest for you and mail your check or send your proceeds via ACH. Thank you for your continued business over the years! Mike, Shean, Kevin, Brian and Mike   Remember – transparency not only helps us make better investment decisions in solar but it also helps legislators and regulators make adjustments BEFORE it is too late! Suppport price transparancy by selling your SRECs on Flett Exchange. If you would like to get daily SREC settlement prices (daily volume weighed average prices of actual trades on the Flett Exchange SREC trading platform) and other information such as monthly build rates as reported by the BPU follow us on Twitter.   If you have SRECs in your GATs account you can sell them by: 1. Log into your account on the Flett Exchange Trading Platform to list your SRECs for sale at any price you like.  If you would like to list your SRECs for sale at a higher price you may do so by logging in and doing it yourself on the Flett Exchange trading platform or by calling or emailing us and we will list them for you. 2. Check our "Sell Now Price" on our Website and transfer your SRECs to Flett Exchange LLC on GATs. (This price does fluctuate so check it at the time of transfer.) GATS Transfer Walkthrough 3. Call our trading desk at 201-209-0234 and speak to one of our brokers who can help you with GATs transfers. 4. Large volume sellers can call our brokerage desk (201-209-0234) for direct OTC spot and forward bilateral contracts. If you have more than 25 SRECs to sell call the trading desk and we can negotiate with the buyers to get you a higher price.     You can always ask us a question at info@flettexchange.com Disclaimer DISCLAIMER: This article contains forward looking statements. Actual market action could differ materially from those anticipated. Sellers of SRECs should do their own research. Actual SREC production may differ significantly from those estimates. The company assumes no obligation to update any forward-looking statement. Edit your subscription | Unsubscribe Flettexchange.com PO Box 5087 Hoboken, NJ 07030 201-209-0234