Srectrade.com, which offers a monthly auction for New Jersey SRECs (Solar Renewable Energy Certificates), conducted an auction on October 10. The clearing price was $526.23. Buyers pay a commission of 3% which puts the buyers cost at $542.02. The volume auctioned off was not advertised on the site.
The market for SRECs on Flett Exchange was $542 bid, at $575 with trades on the auction day conducted at $542.50. Flett Exchange charges buyers and sellers a flat rate of $2.50 per SREC which translates to less than 1/2 of 1% per side.