State Approves PSE&Gs $500 Million Solar-Energy Initiative

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New Jersey Spotlight

A nearly half-billion dollar program to promote new solar projects proposed by Public Service Electric & Gas won approval yesterday from state regulators, with officials saying the projects would have little impact on utility customers’ electric bills.

But the New Jersey Division of Rate Counsel and lobbyists for business interests questioned whether ratepayers could afford the added costs, given other expensive proposals pending before the state Board of Public Utilities.

Read the full story from NJ Spotlight

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