Flett Exchange launched the New Jersey Class 1 REC market on its Internet Trading Platform. The market enables generators of Class 1 RECs to sell directly to electric generators who need to buy for their RPS. Sellers transfer the RECs on the PJM GATS platform and receive payment immediately via wire transfer or check.
Flett Exchange operates a Micro Exchange for the spot buying and selling of precious metals and renewable energy certificates such as New Jersey Class 1 REC and New Jersey solar renewable energy certificats SREC. Flett Exchange also publishes daily settlement prices for its markets on its website. Customers can either execute on the Flett Exchange trading platform or speak to one of its brokers. www.flettexchange.com 201 209 0234 15 Exchange Place, suite 710 Jersey City, NJ 07302