SREC Sale Completed
Well, my SREC’s for 2004-2005 sold. I got a check in the mail yesterday for $208.55 for each of 6 SREC’s.
Considering that I was offered anywhere from $115 to $150 by the big guys (Sharp, Mainstay) in the last month, it seems that I did the right thing holding out for a better offer.
That check takes a year off my payback! If this rate holds up, my payback will drop from 16 years to 8 years!
One question – please reply in Comments. Is SREC income taxable for Federal or NJ purposes? I’m assuming that it is, but I’d like to hear from someone who has done some research.
Comments
One Comment on SREC Sale Completed
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Steve Carlson on
Wed, 22nd Mar 2006 1:24 pm
Please look at this
http://www.njcep.com/srec/faq.html#Anchor-If-48213
Tell me what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!
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