• The value of SRECs has been stuck in the mid-$100 range after starting out at approximately $600 back before supply met demand.
• Governor Christie’s bill drastically increases utilities’ need for solar credits over the next three years in an effort to save jobs while the state’s solar industry recovers.
• Experts are conflicted on the short- and long-term benefits of the bill, with some only anticipating a minor price increase for a short time.

From the article:

The New Jersey solar subsidy market flew too high on borrowed wings and then fell in dramatic fashion.
Yesterday, Gov. Chris Christie signed a law to revive the industry, which ranks only behind California's in terms of total solar-energy projects. ...