Nj Solar Programs 2018

The new jersey board of public utilities bpu is holding a stakeholder hearing on the development and transition of the new jersey solar renewable energy certificate program srec.

Nj solar programs 2018.

Atlantic city electric company jersey central power light company and rockland electric company periodically issue rfps to select solar projects with which to enter into contracts for the purchase of srecs at fixed price for ten 10 years. This program registers solar projects in order to earn solar renewable energy certificates srecs. This policy allows you to sell excess electricity back to the grid at the retail rate. The solar transition program is required by the clean energy act of 2018 to assist the state in moving away from a volatile srec market to a yet to be determined successor program.

The srec ii program is designed to purchase srecs at a competitive fixed price for ten 10 years. Bids are due june 29 by 5pm et june 22 2018. The state wanted to replace the nj srec program in an effort to reduce costs to ratepayers and because the state s srec market is too unpredictable. The new jersey board of public utilities adopted rules establishing the community solar energy pilot program on january 17 2019.

Round 8 awards have been announced april 30 2018. The consensus on new jersey solar incentives and payback. Please check njcep for more information and availability of funds. The state s solar success has been based on two core programs one that compensates you for the electricity you produce and one that rewards you for that electricity s clean characteristics.

Save money while saving the planet. 06 13 2018 at 10 52 am. New jersey net metering. They are holding the meeting from 3 pm to 7 pm at the larson auditorium seton hall law school one newark center newark nj 07102.

Final round 9 webinar reminder may 9 2018. In may 2018 governor murphy signed a3723 s2314 which mandates the creation of the community solar energy pilot program. July 24 2018 stakeholder meeting transcript. New jersey residents who are municipal electric oil or propane customers are eligible to participate in and receive incentives from certain programs.

New jersey s clean energy program is a statewide program that offers financial incentives programs and services for new jersey residents business owners and local governments to help them save energy money and the environment. Round 9 is now open may 1 2018.