The New Jersey Board of Public Utilities is nearing the end of its comprehensive revision of the state’s solar energy incentive programs. This transition began with the closure of the Solar Renewable Energy Certificate (SREC) Program on April 30, 2020 and the interim Transition Incentive (TI) Program, which serves as a bridge to the forthcoming Successor Program.
The BPU has now released its draft proposal for the Successor Program, which proposes to establish a bifurcated Solar Successor Incentive Program, which would include fixed incentives for smaller, distributed projects and incentives based on competitive solicitations for larger projects. With the May 27 deadline for comments to the BPU around the corner, hear what the Successor Straw Proposal means for the future of solar in New Jersey and how you can help SEIA help your business’ bottom line.
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