Today Governor Phil Murphy signed a bill that cleared the road for an extra 3,000 MWDC from Community -Zonne -Zon in New Jersey. S4530 / A5768 follow one Series record -breaking electricity capacity prices In the PJM region, which is predicted that they will constantly increase electricity accounts for families and small companies. In a state where the construction of new transmission is slowly, expensive and spatially limited, New Jersey has been mapped a smarter course by investing in distributed, local solutions that can now go to work. The movement also positions the situation to maximize the Buildout of Schone Energie before the ITC starts to pay off.
“Today we are taking immediate and far -reaching steps to reduce energy costs for every household in New Jersey,” said Governor Murphy in a press statement. “By accelerating the process to bring new energy sources online and quickly build new energy storage facilities, we will meet the growing demand and at the same time make life more affordable for the families of our state. As part of this process, we will create well -paid, trade union courses and build a cleaner, more resaputely future for every new Jerseyan.”
The new legislation cemented the leadership of New Jersey in the field of energy capacity by continuing the requirement of the state that at least 51% of the community-song subscribers are a low to moderate income (LMI) households to ensure that the most affected energy costs see the biggest advantage.
The most important provisions of the new law include:
- The release of 3,000 MW of the new community institution for the community on 1 October 2025, to be registered on December 31, 2029;
- Maintaining an existing program -requirement that guarantees the credit discounts of invoices to subscribers; And
- Enable the Board of Public Utilities (BPU) to set suitable SREC-II levels to guarantee full subscription and market participation.
New Jersey already has around 180 MW Zonne -Zon Online and more than 720 MW in the pipeline, which saves customers at least 10 to 20% and in some cases more than 40% on their monthly bills, while clean energy is supplied by locally developed projects that stimulate the state’s economy.
News item from the Coalition for Community Solar Access
