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= SRECTrade = SRECTrade is the largest third party aggregator of Solar Renewable Energy Certificates (SRECs) in the United States. The company provides a credit management and brokerage service for over 36,000 clients in several different environmental markets, operating as the liaison between credit generators and their buyers. Headquartered in San Francisco, CA, with an additional office in Somerville, MA, SRECTrade's operations are based online through a site that allows participating credit owners full management and transparency in their assets' production and sales.

Market Involvement
SRECTrade's primary presence is held in three different environmental markets:

1) Solar Renewable Energy Credit (SREC) Programs
SRECTrade manages over 550MW  in assets that trade in the following SREC markets: New Jersey, Massachusetts, Pennsylvania, Maryland, District of Columbia, Ohio, Delaware, and Illinois. In addition to facilitating SREC transactions, SRECTrade helps system owners with the state-mandated registration and certification process for their solar facilities. The company is a listed aggregator within the REC registries and administrators for these programs.

2) Low Carbon Fuel Standard (LCFS) Program
SRECTrade operates as an aggregator and broker for credits in California's LCFS Program. After facilitating the registration process for credit generators, SRECTrade links their clients' assets with buyers to complete LCFS credit transactions.

3) Alternative Energy Credit (AEC) Program
In the Massachusetts Alternative Energy Credit market, SRECTrade extends identical services from the SREC markets to owners of alternative energy credit generators (Solar Thermal, Air Source & Ground Source Heat Pump, Biomass, Biogas, Liquid Biofuels, Compost Heat Exchange System, Combined Heat and Power (CHP), Flywheel Energy Storage Unit, Compost Heat Exchange System, Fuel Cell, and Thermal Waste-to-Energy systems).

Market Research and Publishing
As a major stakeholder in these environmental markets, SRECTrade researches and publishes frequent market and program updates, information, and pricing on their public website. These publications provide the latest on new and potential state legislation changes, and how they will affect the environmental markets. In addition to legislation updates, SRECTrade posts market updates that summarize past, present, and future market capacities for a comprehensive description of each program's current standing. At the close of every business day, the latest pricing for each SREC market is displayed on their public website.

Solar Installer Partnership
SRECTrade partners with solar installers for an ongoing referral and payment relationship. The opportunity to partner with SRECTrade allows installers to receive payment for referring their customers to SRECTrade. Once partnered, installers are able to submit applications to SRECTrade on behalf of their customers. Additionally, the installers are given an SRECTrade account, within which they can manage their referred systems and view payment history.

SRECTrade-X
SRECTrade-X is the company's institutional REC management software catered to large institutional clients, electricity suppliers, and environmental commodity trading firms. An SRECTrade-X account gives these clients the ability to manage and trade large inventories of SRECs.

Company History
SRECTrade, Inc. was founded by graduate students at Stanford University in late 2007. The company first focused on solar technology applications, but soon shifted their attention to Solar Renewable Energy Certificates (SRECs). The first SREC program was started in New Jersey in 2005, and it represented a shift away from fixed subsidy programs, such as the feed-in tariffs popular in Europe, towards a market-based approach for encouraging solar development. Of the original founders, Kevin Quilliam continued to focus on the demand-side of the market that brought continued insight into public policy changes that guide and drive these markets.

Soon after, Brad Bowery was chosen to lead the company out of its initial stages. He expanded the market to states outside of NJ who had set up SREC programs of their own.

In early-2010, SRECTrade began to focus on developing its relationships with installers through the SRECTrade Partnership Program.

In mid-2010, SRECTrade launched a client account portal on the website for customers to track their generation, SREC creation, and account history. Customers were given an insight into their SREC sales that was never available before - further increasing the transparency of the platform. With the opening of the Massachusetts SREC program, SRECTrade was the first to hold a successful sale of MA SRECs.

In late-2010, SRECTrade partnered with Skyview Ventures to offer fixed-price and long-term contracts in MA, providing another option to their spot market in the state.

After joining SRECTrade as Vice President of Business Development in 2010, Steven Eisenberg became Chief Executive Officer in 2013.

Late 2016, SRECTrade-X was launched.

In 2018, U.S. Photovoltaics (USPV), one of the largest SREC aggregators in Washington, D.C. and Maryland, merged with SRECTrade. Since then, the company has expanded into the Massachusetts Alternative Portfolio Standard program and the California Low Carbon Fuel Standard Program.