On June 25, 2012, S1925/A2966, now aligned, passed the New Jersey Senate and House. Next, the bill needs to be signed into law by the Governor, which given his recent public support is expected to be completed within the next couple weeks. The bill, which attempts to address the state’s SREC oversupply, adjusts the Renewable [...]
Read MoreNew Jersey Governor Chris Christie, whose administration has called solar power an economic “albatross,” is expected to sign legislation that would increase the amount of solar energy state utilities must buy. Read More: Christie Expected to Sign Bill To Boost Solar in N.J.
Read MoreSenators Bob Smith and Stephen Sweeny recently introduced New Jersey Senate Bill 1925. The bill proposes to amend New Jersey’s current solar Renewable Portfolio Standard (RPS) requirements in an attempt to help stabilize the oversupplied SREC market. The bill is currently in draft form and is scheduled to be heard Read More: Proposed New Jersey Solar Bill May Not Solve SREC Woes
Read MoreIt’s a daunting reality, yet one that’s been years in the making. And it’s a scenario that’s shaping up from the wind-swept coasts of California to the solar rooftops of New Jersey. The renewables industries — all of them — are not only approaching a subsidy cliff. They already have one foot dangling over the [...]
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