Posts Tagged ‘Revenue Grade Meter’

New Jersey Revenue Grade Meter Deadline is November 30th

Posted November 13th, 2012 by SRECTrade.

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 with your reading. We will then explain how to report your readings directly to your 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 ( 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.

If you have questions about how to report your readings, please feel free to call us at (877) 466-4606 or email us at

New Jersey Revenue Grade Meter Requirement

Posted September 28th, 2012 by SRECTrade.

In late spring 2012, the New Jersey Board of Public Utilities (BPU) mandated that all photovoltaic facilities participating the in the New Jersey SREC market have revenue-grade meters installed to monitor system production. Previous to the ruling it was possible for systems with a nameplate capacity of less than 10 kW create SRECs from production estimates derived from the National Renewable Energy Laboratory’s  PV Watts production calculator. This ruling impacts thousands system of homeowners in New Jersey who have gone solar over the past several years. You can read more about the decision at the New Jersey office of Clean Energy website. The two key aspects of this ruling are:

1. In order to be eligible for SRECs, all NJ customers must have a revenue-grade meter by November 30, 2012.

2. Customers who have had SRECs created by estimates will have to begin reporting readings by November 30, 2012.

Revenue-grade Meters

Revenue-grade meters are power production meters that measure to +/- 2% accuracy per the American National Standards Institute (ANSI) rule C12.1-2008. Inverters often have power production meters but they are often only accurate to  +/- 10%. The revenue-grade meter is the device that measures the output of your solar system, not the utility meter that measures how much power you take from the power grid. Many residential installs in New Jersey have used cheaper, non-revenue-grade meters because the state originally did not require them. If your meter is not a revenue-grade meter or you are unsure about whether or not you have a revenue-grade meter, you will need to contact your installer. If you are unable to reach your installer, you can use our directory to find a local installer. We have seen price quotes in the $300 to $1,000 range depending on equipment requirements and facility location.

Switching from Estimates

Many of our customers already report their readings to SRECTrade each month. If you have not been reporting to us because you are on “Estimated Generation”, your SRECs will no longer be created automatically after November 30th.  On that date, we will switch all customers who are currently on “estimates” to “reported readings”. If you are on estimates and are able to begin reporting your readings from your revenue-grade meter sooner than that, please email with the date that the meter was installed and your current meter reading. We will then update your account and explain how to report your readings directly to your account moving forward.

***If you have questions about revenue-grade meters, please contact an installer. We won’t be able to answer questions regarding your solar equipment.

Finally, it is very important that you comply with this change, otherwise you will lose thousands of dollars in potential SREC revenues in the long run. We understand that the BPU ruling is unfortunately retroactive for systems that did not have a meter already installed, however, we hope that this information will make it easier for you to comply with the change.