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wilnj wilnj is online now
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Join Date: May 2018
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Does anyone or anyone's company purchase RECs ?

Quote:
Originally Posted by ltusler View Post
What would someone do with them?
Whats the going rate for them?


Utility companies that somehow have been slow to construct their own renewable sources may buy them to either meet regulatory goals or corporate marketing goals.

Similarly, companies with a large carbon footprint may buy them also primarily for marketing purposes.

I never really go to this point because my house is not well situated for solar so i have no direct knowledge but here’s 1 google search result.

https://news.energysage.com/srec-prices-explaining-u-s-srec-solar-market/

Looks like NJ RECs are trading at about $200 each. I think these were $600-700 each about 10 years ago.

Prices were much higher when single family homes were able to ramp up much quicker than the utility companies. I’m fairly certain those days are over.


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Last edited by wilnj; 07-10-2018 at 05:24 PM..
Old 07-10-2018, 05:21 PM
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