First public comments solicited through February 22, 2019 Earlier in 2018, New Jersey’s Governor signed the Clean Energy Act. The Act requires the BPU to adopt new rules and regulations closing the SREC program to new applications when 5.1% of the electricity sold in New Jersey by each electric power supplier and each basic generation […]
New Jersey Boosts its Renewable Portfolio Standard
On May 23, 2018, the much anticipated bill that modifies and expands New Jersey’s Renewable Portfolio Standard (RPS) was signed into law by Governor Phil Murphy. Overall, bill A3723 both increases utility clean energy compliance targets and improves mechanisms giving solar energy access to more families and communities. These new RPS goals now make New […]
New Jersey Raises Cap on Net Metering, Making Solar More Profitable
Since the New Jersey Legislature passed a bill that would increase solar incentives in the Garden State, we have been waiting patiently for an update from Gov. Chris Christie. On Aug. 10, he finally signed the bill into law. The bill is designed to further encourage New Jersey residents and small businesses to investment in […]