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BPU Updates Recommendations To New Jersey Solar Successor Program Straw Proposal: Deadline For Written Comments To Proposal Extended To May 27, 2021 | Greenbaum, Rowe, Smith & Davis LLP

To embed, copy and paste the code into your website or blog: On May 7, 2021, the New Jersey Board of Public Utilities (BPU) issued a Staff Memo updating recommendations to its April 7, 2021 Straw Proposal, which sets forth the BPU Staff’s detailed proposal regarding the design and implementation of an economic incentive program (i.e., Successor Program) to replace New Jersey’s longstanding Solar Renewable Energy Certificate (SREC) and Transition Incentive (TREC) programs. The Clean Energy Act of 2018 requires the BPU to replace the SREC program once 5.1% of the total energy sold in New Jersey is being produced by solar electric generation systems, a milestone that was achieved on April 30, 2020. At that time, the BPU closed the SREC program to new entrants and established a TREC program to maintain incentives until the BPU developed a Successor Program. The Straw Proposal is intended to replace the TREC program. BPU states that “[t]he final step in the evolution of New Jersey

Public Service Enterprise Group Inc (PEG) Q1 2021 Earnings Call Transcript

Operator Ladies and gentlemen, thank you for standing by. My name is Christi, and I am your event operator today. I would like to welcome everyone to today s conference, Public Service Enterprise Group First Quarter 2021 Earnings Conference Call and Webcast. [Operator Instructions] As a reminder, the conference is being recorded today, May 5, 2021, and will be available for telephone replay beginning at 2:00 p.m. Eastern Time today until 11:30 p.m. Eastern Time on May 11, 2021. It will also be available as an audio webcast on PSEG s corporate website at investor.pseg.com. I would now like to turn the conference over to Carlotta Chan. Please go ahead.

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