In 2012, the U.S. solar industry installed 3.3 GW of solar capacity, growing 76% over 2011's total. What happened in your state? Find out!
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SEIA's Comments regarding New Jersey's Solar Energy Advancement And Fair Competition Act (SEAFCA) were submitted on November 23, 2012.
New Jersey Governor Chris Christie (R) today signed legislation into law that allows the state's solar energy market to continue growing and creating good jobs in N.J. over the next several years. The legislation, S1925/A2966, addresses the current imbalance of Solar Renewable Energy Credits (SRECs), which created uncertainty in the market for project developers and end users.
This legislation addresses the current oversupply of N.J. solar renewable energy credits (SRECs), brings stability back to the N.J. solar market, and keeps the N.J. solar industry growing over the next several years.