Why is there not a single solar Program across all EDCs in New Jersey?
Each EDC proposed to the Board its own solar program, which the Board subsequently approved. PSE&G, through its program, provides a loan to residential customers that qualify and the customer then repays using the SRECs that the system generates. JCP&L, through its program, pays residential customers that install a solar system and that receive an award a fixed price for the SRECs that the system generates.
