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Atlantic City Electric / Jersey Central Power and Light / Rockland Electric

Rockland Electric Company

In March 2009, NJBPU approved programs at Jersey Central Power and Light (JCP&L) and Atlantic City Electric (ACE) that provided for long-term contracts for SRECs that the utilities purchased from solar projects selected through a competitive bidding process in their service territories.

The utility solar financing programs expired in 2011 and are no longer accepting new applicants at this time.  On May 23, 2012 the Board approved an extension of the EDC Solar finance programs for 180 MW over three years and directed the EDCs to file notice of their intent to participate.  On June 01, 2012 the EDCs filed a Notice of Intent to participate in an Extended EDC SREC Program consistent with Staff's recommendations adoped by the NJBPU.  Each of the four EDCs filed program proposals and petitions for cost recovery pursuant to the Board's implementation of the Global Warming Response Act, section 98.1. Information regarding the utility financing programs will be posted to the website shortly.

Previous Supporting Documents

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Solar Installation Counter

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