SRECTrade:  Your Best Option for Buying and Selling SRECs

SRECTrade is an online auction created to assist you in buying and selling New Jersey Solar Renewable Energy Credits (SRECs).  SRECTrade was designed to help you achieve the best SREC price in the easiest, most efficient, and safest manner.  SRECTrade is a secure website certified by Verisign, and we at SRECTrade value your privacy above all else; our strict customer privacy policy says that we will never sell or share your personal information.

The rules of the auction are optimized for the New Jersey SREC market.  To learn more about how the auction works, please watch the video below or read a detailed description here.  Feel free to also visit our online help center and send us any questions you may have.  An SRECTrade representative will respond to your questions and comments within one business day.  A list of frequently asked questions is available here.

************************************** NOVEMBER 7th AUCTION NOW CLOSED **************************************

The November 7, 2008 auction is now closed.  The clearing price for this auction was $575.  Once again, we surpassed bid and offer volumes from the previous auction, and we anticipate to continue that trend with the current auction, which is already accepting orders.

Thank you to all auction participants!  Our previous auction closing dates and clearing prices are summarized below:

November 7, 2008 - $575                                                                                                            

October 10, 2008 - $526.23                                                                                                                            

August 29, 2008 - $461

******************************* NEW FOR SELLERS: AUTOMATED SREC SELLING *******************************

SRECTrade now offers sellers a free and convenient way to take advantage of rising SREC prices - Automated SREC Selling.  Users who sign up for this service will have their SRECs automatically sold each month at our auction clearing price.  Some features of this service:

• Specify the minimum price you would like to receive.  If the clearing price is below your price, then we automatically carry your SRECs over to the next month's auction.
• Take advantage of rising SREC prices as they change month-by-month.  Why be locked into year-long contracts at below-market SREC prices?
• Maintain complete control of the service: cancel anytime, save SRECs for later auctions, transfer them to another NJCEP account, or retire them.

SRECTrade's Automated SREC Selling service offers you the same convenience as conventional aggregators, but with the additional advantage of monthly updated prices to ensure you receive a fair market price throughout the year.  Please contact us for more information or to sign up!

******************************************************************************************************************************************

 Why Should You Use SRECTrade?

• Control:  You choose the price at which you are willing to buy or sell your SRECs.  The SRECTrade auction process ensures that if a trade is executed, you will receive your chosen price or better.
• Price Transparency:  Both buyers and sellers know the true market value for SRECs.  No more hidden price markups.
• Convenience:  SRECTrade accepts bids and offers 24 hours a day, seven days a week.  Place buy or sell orders for your SRECs when it is most convenient for you.  The entire transaction takes place online.
• Market Efficiency:  The price for SRECs is determined by market forces, not brokers.
• Low Fees: SRECTrade offers this service with low transaction costs. This service is totally free for SREC sellers.  SREC buyers pay a 3% commission for each SREC purchased. There are no other fees to use this service.