Non Residential Net Metered Projects Eligible News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 N ....

New Jersey , United States , Solar Renewable Energy Certificate , Clean Energy , Successor Program , Community Solar , New Jersey Board , Public Utilities , Staff Memo , Transition Incentive , Clean Energy Act , Straw Proposal , Non Residential Net Metered Projects Eligible , Administratively Determined Incentive , Incentive Levels Associated , Different Market Segments Under , Metered Residential , Metered Non Residential , Low Moderate Income , Competitive Solicitation , புதியது ஜெர்சி , ஒன்றுபட்டது மாநிலங்களில் , சூரிய புதுப்பிக்கத்தக்க ஆற்றல் சிஇஆர்டிஐஎஃப்ஐசிஏடிஇ , சுத்தமான ஆற்றல் , சமூக சூரிய , புதியது ஜெர்சி பலகை ,