New Jersey Renewable Energy

New jersey is advancing and diversifying its clean energy portfolio through leadership and strong policy.

New jersey renewable energy.

However in june 2018 the state decided to phase out srecs in favor of a new yet to be established successor solar program. Above all the state s renewable portfolio standard and associated solar renewable energy certificate srec market have been instrumental towards growing solar throughout the state. The rps requires each electricity supplier serving retail electricity customers in the state to procure 22 5 of the electricity it sells in new jersey from qualified renewable energy resources by 2021. By investing in renewable energy you can help protect the environment reduce our dependence on fossil fuels and lessen our carbon footprint.

Many states have an rps but new jersey is among the few that also has a solar carve out. New jersey has one of the most ambitious renewable portfolio standards in the country by requiring 35 of the energy sold in the state come from qualifying energy sources by 2025 and 50 by 2030. Pathway to 2050 a plan to meet 100 of the state s energy needs with clean energy by 2050. Corporation through an extensive public stakeholder process.

New jersey s renewable portfolio standard was updated in 2018 to require that 21 of the electricity sold in the state be generated from renewable sources by 2021 35 by 2025 and 50 by 2030. Nj renewable energy specializing in residential and commercial solar panel installation. In 2019 new jersey released its energy master plan. Roof and ground mounted systems to 5 megawatts.

New jersey offshore wind strategic plan. New jersey released a draft energy plan on monday that provides an initial blueprint for the total conversion of the state s energy profile to 100 percent clean energy by 2050. On september 9 2020 the board of public utilities approved the final new jersey offshore wind strategic plan the state s comprehensive roadmap for achieving 7 500 mw of offshore wind energy by 2035 the plan was developed by ramboll u s. New jersey s renewable portfolio standard rps is one of the most aggressive in the u s.

This requires a set portion of this renewable electricity to come. Whether it s for your home or your business new jersey s clean energy program makes using renewable energy technologies affordable practical and just plain smart. A quick background of solar incentives in new jersey.