SRECs are typically sold throughout the year at the going market rate. They also may be sold in the annual Solar Credit Clearinghouse Auction, which DOER holds at the end of each July (if necessary). The auction is designed to provide price support in the event that the market is oversupplied and owners are left holding unsold SRECs at the end of the trading year. SRECs deposited into the auction are sold at a fixed price, which is set according to a schedule established by DOER. If electricity providers do not meet their annual obligations to purchase SRECs, they would be required to make Alternate Compliance Payments (ACP). Therefore SRECs should always sell below the ACP rate. For more information about the auction and ACP rates, see DOER’s website.
Receiving SREC II payments from your aggregator can vary (both timing and amount) by the contract you have with them, and the market value of SRECs. We recommend you carefully review and compare contracts from the aggregators and choose which option is best for you.