New Jersey SREC Program
The New Jersey SREC Program is one of the most active in the country. Installers, aggregators, brokers and Load Serving Entities (LSE) work together to satisfy the requirements to produce renewable energy.
Knollwood Energy, established in 2006, is one of the largest independent aggregators in the state. We have contacts with most of the LSEs and brokers. This helps ensure that Knollwood Energy has the most up-to-date market information, so our customers can make the best decisions possible.
Knollwood Energy can buy your SRECs all at once or periodically throughout the year. We work to make your life as easy as possible. You can manage your own account or have Knollwood Energy manage it for you.
If Knollwood Energy manages your GATS account, you will provide us with meter readings at the end of every month. We have had years of experience working with residential customers who supply us with monthly meter readings. We will send you a monthly email reminder that contains a link to your account. You will only need to click on the link and enter your meter reading and we will take care of entering that data into GATS. If you do not have email access, then please call us with the meter reading.
As before, we will combine all of our customers’ SRECs, and then go into the market as a large institutional seller and work to get the best price possible. Please remember that Knollwood Energy only represents the interests of sellers, as opposed to most of our competitors. We never charge buyers a fee, so that we are able to pass as high a price as possible to our customers.
Please call Knollwood Energy at (908) 955-0590 to discuss your individual needs and to allow us to develop a unique plan to maximize your return.
As of 12/1/2012, the Board of Public Utilities no longer allows customers to use engineering estimates for systems under 10 kW and requires the use of a revenue grade meter that meets the specifications of ANSI C12.1. If you do not have a new revenue grade meter, you will not be eligible to receive SRECs. Check with your installer first to determine if you already have a revenue grade meter in place. Please contact us if you would like a list of installers who can provide you with the right meter. Lastly, when your new meter is installed, be sure to ask for instructions on how to read it.