- NO FEEs and NO Commissions are charged for NJ Class 1 REC Spot Market transactions.
- You will begin receiving NJ Class 1 RECs when your designated SREC eligibility is complete.
- NO REGISTRATION or LOGIN is currently REQUIRED on NJSREC.com to buy or sell your NJ Class 1 RECs
- Payments are only available by ACH direct deposit for NJ Class 1 REC transfers. Please use the following secure link to set up an account if one has not already been established: https://ach.njsrec.com You only need to set bank direct deposit up with NJSREC.com once. There is no charge for an ACH Direct Deposit transfer.
- Payments are initiated in 2 business days on Spot Market NJ Class 1 Rec Transfers. Typically, the ACH direct deposit transfer will arrive in your designated bank account the following day.
- You must submit a request for a bid when selling 50 or more Class 1 RECs from an individual, an entity or related entities in one day. We will provide a higher price when you do.
- NJ Class 1 RECs are currently eligible for New Jersey compliance in the Reporting Year they are minted. The two previous Reporting Years can also be used for compliance. Example; for EY2022 compliance, EY2020 and EY2021 are also eligible.
