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New Jersey Solar Installations Exceed 300 mw


As of March 2011 there is 305 Mw of installed solar capacity. At the current pace of installs the New Jersey SREC market will be oversupplied in energy year 2012.   Here is a press release from the New Jersey Board of Public Utilities:        April 12, 2011 -New Jersey …

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Posted in: New Jersey SRECs, Research, SREC


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The NJ BPU Approves Results of Round 6 SREC-Based Financing Program


The New Jersey Board of Public Utilities Approved the Results of Round 6 of the Local Distribution Company Long Term Solar Renewable Energy Certificate SREC contracting. This solicitation was for a total of 20Mw. 5.8 Mw was for JCP&L, 11.9 Mw for Atlantic City Electric ACE, and 2.3Mw for Rockland …

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Atlantic City Electric (ACE) Petitions the BPU for SRECs


The Atlantic City Electric Company (ACE) is requesting a declaratory order with respect to the definition of Solar Renewable Energy Certificates (SRECs). ACE is a regulated electric distribution company (EDC) who is engaged in the transmission and distribution electric energy to residential, commercial, and industrial customers. ACE services 13% of …

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Posted in: New Jersey SRECs, Research, SREC


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U.S. Environmental Protection Agency Honors NJ BPU


NEWS RELEASE For Immediate Release: May 26, 2010 U.S. Environmental Protection Agency Honors N.J. Board of Public Utilities SREC Financing Model Receives Clean Air Excellence Award in Regulatory and Policy Innovations Category NEWARK, N.J. – The New Jersey Board of Public Utilities (NJBPU) and New Jersey’s Clean Energy ProgramTM (NJCEP) …

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Posted in: New Jersey SRECs, Press Releases, SREC


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New Jersey BPU Halts Solar Rebate Applications


The New Jersey Board of Public Utilities (NJBPU) stopped accepting applications for rebates under the Renewable Energy Incentive Program (REIP) for solar installations this month. The surge in April applications has outstripped all allocated funds. The REIP provides rebate checks for solar installations in New Jersey. These grants are available …

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Posted in: New Jersey SRECs, Research, SREC


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JCP&L SREC Based Financing (long term SREC contracts) BPU Petition


Here it is, the long awaited long term contracts for the SRECs! STATE OF NEW JERSEY Board of Public Utilities Two Gateway Center Newark, NJ 07102 www.nj.gov/bpu DIVISION OF ENERGY IN THE MATTER OF THE PETITION OF PUBLIC ) DECISION AND ORDER SERVICE ELECTRIC AND GAS COMPANY FOR ) APPROVING …

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Posted in: New Jersey SRECs, SREC


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Where does the $ go from Solar Alternative Compliance Payments?


The statistics released by the Clean Energy Program about the 2007 reporting year show that there were 1,231 SCAP made by LSE’s. That is $369,300. At the same time there remain 1544 SRECs unsold. Some of those SREC owners did not make a conscious effort to sell however there were …

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BPU stakeholder meeting about SREC program changes


A stakeholder meeting is scheduled for January 30, 2008 at 10 am in the Board of Public Utilities Hearing Room on the 8th floor of Two Gateway Center in Newark, NJ. They will be discussing the changes proposed during the September 12 BPU board meeting regarding the SREC program. The …

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