As of June 3, 2014, below is a summary of indicative pricing across the SREC markets SRECTrade covers (for a PDF copy click here). For June 2014 auction results, scroll down.

Note: All pricing and notes included are indicative and subject to change. Please contact us for most current markets. If a market is not quoted herein, please contact us directly for further information. 

Additionally, SRECTrade’s June 2014 SREC Auction closed on 6/03/2014. The clearing prices presented below are representative of transactions executed through the SRECTrade auction. This does not include over the counter spot and forward contract transactions completed through SRECTrade’s brokerage desk. For more information on our brokerage services for corporate clients please click here.

Below are the clearing prices by vintage across the SRECs transacted in the auction.

The next SRECTrade auction for the PJM and MA SREC markets will close on Tuesday, July 15th, at 5 p.m. ET.

This document is the copyright of SRECTrade, Inc. No portion of this document may be photocopied, reproduced, scanned into and electronic system or transmitted, forwarded or distributed in any way without prior consent of SRECTrade, Inc.

As of May 1, 2014, below is a summary of indicative pricing across the SREC markets SRECTrade covers (for a PDF copy click here). For May 2014 auction results, scroll down.

Note: All pricing and notes included are indicative and subject to change. Please contact us for most current markets. If a market is not quoted herein, please contact us directly for further information. 

Additionally, SRECTrade’s May 2014 SREC Auction closed on 5/01/2014. The clearing prices presented below are representative of transactions executed through the SRECTrade auction. This does not include over the counter spot and forward contract transactions completed through SRECTrade’s brokerage desk. For more information on our brokerage services for corporate clients please click here.

Below are the clearing prices by vintage across the SRECs transacted in the auction.

The next SRECTrade auction for the PJM and MA SREC markets will close on Tuesday, June 3 at 5 p.m. ET.

This document is the copyright of SRECTrade, Inc. No portion of this document may be photocopied, reproduced, scanned into and electronic system or transmitted, forwarded or distributed in any way without prior consent of SRECTrade, Inc.

SRECTrade’s April 2014 SREC Auction closed on 4/15/2014. Below are the clearing prices by vintage across the SRECs transacted in the auction.

The next SRECTrade auction for the PJM and MA SREC markets closes on Thursday, May 1 at 5 p.m. ET.

SRECTrade’s March 2014 SREC Auction closed on 3/4/2014. Below are the clearing prices by vintage across the SRECs transacted in the auction.

The next SRECTrade auction for the PJM and MA SREC markets closes on Tuesday, April 15 at 5 p.m. ET.

SRECTrade’s February 2014 SREC Auction closed on 2/5/14. Below are the clearing prices by vintage across the SRECs transacted in the auction.

The next SRECTrade auction for the PJM and MA SREC markets closes on Tuesday, March 4th at 5 p.m. ET.

SRECTrade’s September 2013 SREC Auction closed on 9/06/13. Below are the clearing prices by vintage across the markets sold in the auction.

Notes:
*Delaware, New Jersey and Pennsylvania operate on a June-May energy year. For example, current vintage “2014” SRECs are generated beginning in June of 2013.
Green text represents a price increase over the last auction clearing price for that vintage, red text represents a decrease. “-” reflects no sale, which would result if there were no SRECs available for sale in that vintage or there were no matching bids and offers to determine a clearing price.

State Market Observations:

Delaware: Current vintage DE SRECs traded at $33/SREC- up from $25 in the previous auction. The primary buyer for DE SRECs is Delmarva Power and Light (DPL) and most SRECs are sold through DPL’s SRECDelaware program which allows SREC asset owners to submit competitive applications in order to obtain 20 year SREC contracts. There continues to be limited need for SRECs outside of DPL’s program and demand outside the procurement program is expected to decrease over time.

Maryland: Just as with the August auction all eligible MD SREC vintages sold in the September auction. As SRECs age they tend to become less valuable and demand for older vintages tends to decrease.  MD2011s, MD2012s and MD2013s  transacted at $111.00, $120.01, and $130.00/SREC in the September auction.

Massachusetts: The September SRECTrade auction cleared 2013 vintage SRECs at $241.01.  For the latest info on the MA market read our MA blog posts.

New Jersey:  NJ2012,  NJ2013, and NJ2014 SRECs traded up to $125.00, $130.01, and $134.01/SREC, respectively. These prices are slightly higher than last month’s auction. While the NJ SREC market remains fundamentally over-supplied build rates have decreased. For a more detailed overview on pricing and supply and demand dynamics, please see our recent webinar.

Ohio: No SRECs transacted in the OH Adjacent market, although pricing tends to mimic the PA SREC market when transactions do occur. Both markets are severely over-supplied.  OH2013 sited SRECs traded at $41, a price in line with previous auctions.

Pennsylvania: PA2011s and PA2012s did not transact in the September auction.  PA2013s and PA2014s traded at $9.00 and $13.26/SREC respectively. Severe SREC oversupply keeps pricing low and reduces buyer incentive to purchase older vintage SRECs. 

Washington, DC: DC SREC pricing continues to experience high transaction values relative to the $500 SACP. DC2011, DC2012, and 2013 vintage SRECs traded at $480.00/SREC- the same as with the August auction. It is expected the market will continue to experience under supply into the 2013 trading year.

For historical auction pricing please see this link. The next SRECTrade auction for all SREC markets closes on Tuesday, October 15th at 5 p.m. ET.