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What alternative solar financing models are being considered by New Jersey?

April 26, 2017alternative financing models NEW JERSEY solar

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What alternative solar financing models are being considered by New Jersey?

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BPU has directed that the solar incentive program in NJ make a transition from a rebate dependent program funded through the Societal Benefits Charge (SBC) to a market-based incentive program relying predominantly on the value of Solar Renewable Energy Certificates (SREC’s). Stakeholders including representatives from the solar industry are working to develop recommended policy models for this transition.