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SREC Based Financing Program Solar Renewable Energy Certificates (SRECS)
 
The program provides funding to electricity suppliers and provider to aid in installation of solar electric generation systems.
Terms:
  • Provides funding for electricity suppliers/providers to install solar-electric generation systems to meet the BPU solar electricity percentage requirements (2.12% by 2021). 
  • Systems must be registered with the BPU and systems must qualify to generate SRECs for 15 years after the date of interconnection
Available Funding:
  • Incentive: 245-390 per Mwh with a maximum incentive of $658 per MWh for the 2012 compliance year
Program Administrator: NJ Board of Public Utilities (BPU); SREC Program

Additional Information:

CONTACT DETAILS

Benjamin Scott Hunter
New Jersey Board of Public Utilities
Renewable Energy Program Administrator, Office of Clean Energy
2 Gateway Center
Newark, NJ 07102
Phone: (609) 777-3300
Email: Benjamin.hunter@bpu.state.nj.us
Website: http://www.bpu.state.nj.us

 
New Jersey Clean Energy Program - SREC Registration Program 
c/o Conservation Services Group
75 Lincoln Highway, Suite 100
Iselen, NJ 08830
Phone: (866) 657-6278       
E-Mail: njreinfo@csgrp.com
Web Site: http://www.njcleanenergy.com/ 

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