Regression Error Characteristic (REC) analysis is a technique for evaluation and comparison of regression models that facilitates the visualization of the performance of many regression functions simultaneously in a single graph. The objective of this work is to present a new approach for model selection in ensembles of Neural Networks, in which we propose the use of REC curves in order to select a good threshold value, so that only residuals greater than that value are considered as errors. The algorithm was empirically evaluated and its results were analyzed also by means of REC curves.