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SREC-II

Successor Solar Incentive (SuSI) Program

The New Jersey Clean Energy Act went into effect on April 30 , 2020, establishing a fixed-rate credit known as the SREC-II. Solar Investors can earn SREC-II credits by:

  1. Registering their project with NJ Solar Incentives
  2. Reporting monthly production data to the PJM GATS tracking system
  3. SRECs are generated automatically (3-5 days after energy reporting) and must be sent to the Program Administrator

One SREC-II gets created for each 1,000 kilowatt hours of energy that your system produces. Each credit is worth $85.00 and systems generate SREC IIs for 15 years from their Interconnection Date. This is a fixed-rate payment; the SREC-II is not a tradeable product like other SREC markets

Flett Exchange REC Manager

will streamline this entire process for you. If you have a virtual solar meter through a monitoring company such as Enphase, Solar Edge, Tesla etc., we can onboard you in as little as 5 minutes.

Commission: $7.00/SREC-II. You’ll receive a net payment of $78.00 for every SREC-II that your system creates while under our management.

If you join REC Manager, you are not under contract for time and are free to switch brokers or self-manage at your discretion.

Get Started with REC Manager

Start earning money from your solar energy production today. Our team will handle all the paperwork and reporting.

Register

Questions? Call us at +1 (201) 209-0234 or email us.