2014 Energy Year NJ SREC information:

• The New Jersey 2014 Energy year NJ SRECs will be tagged 06/2013 through 05/2014. SREC energy year is not based on a calendar year but rather the New Jersey Energy Year which starts every June and extends for twelve (12) months. When determining what month(s) SREC(s) you hold, also called vintage and minted date use the “month of generation”, that is the correct date. The “REC creation” is not the date to use.
• Our website 2014 energy box indicates the date and time when our current 2014 Energy Year bid took effect. Prices are subject to change without notice UP or DOWN and the posted web price is the price we will pay you for spot market SRECs with NO FEES deducted.  All SREC transfers must be done on the www.PJM-EIS.com website. You cannot transfer SRECs on our website or on other websites.
• You must check our Website and use our current Bids (prices) when making transfers on the GATS platform. NJ SRECs transfers on the GATs platform are time stamped. It is a good idea to refresh our website to make sure you have the correct current price.
• Our 2014 Energy Year bids are our spot market* prices. *(one time sale with no future obligation)
• NJ 2014 Energy Year SRECS are compliant for the 2014 energy year and the four (4) following energy years.
• Be aware that even though SRECs maybe compliant with future Energy year requirements, that does not necessarily mean they will have the same value as the current energy year at that time. So far, older SRECs have always been worth less in an oversupplied market. SRECs can be valued in the SPOT market between zero (0) and the SCAP, the utility penalty.