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  • NJ A441
  • Establishes solar power incentive program.
Introduced
(1/27/2016)
In Committee
(1/12/2017)
Crossed OverPassedSignedDead/Failed/Vetoed
2016-2017 Regular Session
This bill establishes the Solar Power Incentive Program (program). The purpose of the program is to provide financial incentives to owners of solar panel systems and to reduce electric grid congestion. Under the bill, the Board of Public Utilities (board), in consultation with electric public utilities, is to designate five strategic zones in this State that would benefit from reduced electric grid congestion through the installation of solar panel systems. For solar panel systems installed in strategic zones after the bill's effective date, the board is to reimburse an owner of a solar panel system 15 percent of the cost to install the solar panel system and $1.50 per watt of energy produced by the solar panel system. The Solar Power Incentive Program is to be limited to solar panel systems with an installed capacity equal to or less than 25 kilowatts for residential systems and 200 kilowatts for non-residential systems. The bill requires the board to use funds collected from the societal benefits charge that is imposed pursuant to section 12 of P.L.1999, c.23 (C.48:3-60) to fund and administer the Solar Power Incentive Program. The Solar Power Incentive Program is to expire three years after the bill's effective date.
2nd Reading in the Assembly, Telecommunications and Utilities
Reported out of Assembly Comm. with Amendments, 2nd Reading  (on 1/12/2017)
 
 
Date Chamber Action Description
1/12/2017 A Reported out of Assembly Comm. with Amendments, 2nd Reading
1/12/2017 Assembly Telecommunications and Utilities Hearing (10:00 1/12/2017 Committtee Room 9, 3rd Floor)
1/27/2016 A Introduced, Referred to Assembly Telecommunications and Utilities Committee
Date Motion Yea Nay Other
Detail 1/12/2017 Assembly Telecommunications and Utilities Committee: Reported with Amendments 6 1 1