On July 15, 2012 the first 2012 vintage MA SRECs will be minted. To date, all transactions of MA SRECs in 2012 have been for 2011 vintage SRECs. Short of something unanticipated the 2011 market will remain under-supplied and MA 2011 SRECs (if they have not yet been sold) should continue to sell close to SACP pricing.
The DOER recently issued a press release reminding SREC sellers that they have until June 15th to sell SRECs on the open market. Any SRECs not sold on the open market will need to be placed in the DOER’s “last chance” Solar Credit Clearinghouse Auction and put up for the sale at the mandated $300 per SREC offer. Remaining SRECs not placed in the auction will be automatically retired and will not be eligible for future transactions.
SRECs transacted through SRECTrade have consistently sold for $540 per SREC. Please do not hesitate to contact us if you are a seller with unsold Massachusetts SRECs. For a history of MA SREC pricing in the SRECTrade auctions click here and scroll to the bottom of the page.Tweet
Tags: DOER, last chance, SREC Prices, SRECs