recs, page-13

I don't know what the realistic market price at the moment is but I do know what it was in June - September 2011 (consulting solar installers)

(I am talking about STCs, stop talking about RECs they don't exist anymore - STCs and LGCs replaced them)

Last year the average STC holder could sell at a range of prices. Price depended on settlement. So, sell the STC (on paper) get a payment of about $16 in a week.

Sell the STC get a payment of about $18 in a month

Then, if you have enough STCs, you can sell them to a bank or on the market (I'm talking very large amounts, as has CBD) - for example I remember in 2011 ANZ (i think) was accumulating them in the $20 - $25 range, although I may be able to research it if anyone really cares.

Also, this is all super duper off the top of my head so don't make decisions on the basis of this.

Anyway, reading this thread (because Im interested in CBD Energy) it struck me that getting $36 for a STC is insanely good.

Realistically it could take up to 1 year, probably more, to sell STCs to the STC Clearing House. I seriously don't know how long it takes but I do know that its really long, so much so that people would have happily accepted half that price if they had cashflow requirements.

Anyway hope this helps. I considered buying STCs at $16 for a while but then the price did go up and I'm not sure what the market is now.