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NJ S4530
Bill
AI Summary
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Expands New Jersey's Community Solar Energy Program by requiring the Board of Public Utilities to open registration by October 1, 2025 for an additional 3,000 megawatts of solar energy projects beyond existing goals
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Sets a deadline of December 31, 2029 to complete registration of all 3,000 megawatts, with the BPU required to adjust SREC-II levels and bill credit discounts to meet this target
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Maintains the 5 megawatt maximum capacity limit per individual solar energy project
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Requires the BPU to establish auditing and enforcement standards for project compliance, including verification of commitments to low- and moderate-income customer access and bill crediting
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Allows low- and moderate-income residential customers to self-attest their income for eligibility verification when participating in community solar projects
Legislative Description
Requires BPU to revise community solar program targets.
Bills and Joint Resolutions Signed by the Governor
Last Action
Approved P.L.2025, c.135.
8/22/2025