Starting December 1, 2012 all New Jersey sited photovoltaic facilities must report power generation for SRECs from revenue grade meters. The New Jersey Board of Public Utilities (BPU) ruling requires revenue grade meters that are accurate to +/- 2% and that are compliant with the American National Standards Institute (ANSI) rule C12.1-2008 standard. See our previous post on the topic here.
Prior to this rule change facilities smaller in size than 10 kW DC capacity had the option to report from “estimated” production. With this change no facilities will be able to create SRECs automatically from estimated generation and must report meter readings from an actual meter. Starting December 1, no SRECs from estimated production will be produced.
Switching from Estimates
If you are creating SRECs from estimated generation and are able to begin reporting your readings from your revenue grade meter please email email@example.com with your reading. We will then explain how to report your readings directly to your www.srectrade.com account moving forward.
Installing a Revenue Grade Meter
- If you have questions about revenue-grade meters, please contact a solar contractor or electrician. We won’t be able to answer questions regarding your solar equipment.
- Residential revenue grade meters installed by solar contractors tend to range in price from $300 to over $1,000 depending on the type of meter installed.
- Some SRECTrade clients have opted to manage the revenue grade meter installations themselves by ordering meter parts direct from suppliers such as the Hialeah meter company (http://www.hialeahmeter.com). Equipment costs for an ANSI C12 compliant meter and a meter box are reported at around $50 retail. There would likely be additional costs for hiring an electrician to install the meter and any unforeseen equipment needs. SRECTrade does not have expertise in the technical and permitting requirements for meter installations, so we would advise first contacting a technical professional.