Flett Exchange customers are starting to place orders to sell their 2009 New Jersey Solar Renewable Energy Certificates NJ SRECs on our elecronic platform. Our Sellers are comming in at $525 t0 $550. We have one small buyer willing to pay $450. Sellers on the New Jersey Clean Energy Program website are posting at $500 to sell all of their EY2008 SRECs or $515 to sell the ones currently available.
None of our major buyers have yet to post bids as they are more concerned with the 2008 vintage SRECs at this time. The Load Serving Entities LSEs have until August 31 to either purchase SRECs or pay the $300 SCAP.