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New Jersey Solar Energy Goal Expansion Through 2035

Official: S 691 — Increases solar development goals of SREC-II program and extends certain target dates of program to 2035.

Reading: The bill increases solar development goals under the SREC-II program and extends target dates, expanding the state's renewable energy mandate.

What this means for you

The changes aim to make New Jersey's solar energy goals more ambitious and give the industry more time to meet them.

In clear language

This bill increases New Jersey's solar energy development targets under the SREC-II program and extends the program's goals to 2035. SREC-II is a program that encourages solar panel installations by letting property owners earn credits they can sell. The changes aim to make New Jersey's solar energy goals more ambitious and give the industry more time to meet them.

How does this affect you?

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Who does this affect?

  • Homeowners and business owners interested in installing solar panels
  • Solar energy companies and installers in New Jersey
  • Utility companies that purchase solar credits
  • New Jersey residents who benefit from increased renewable energy

What can you do?

  1. Learn about solar incentives and SREC credits if you're considering installing solar panels on your property
  2. Contact your state senator to share your support or concerns about expanding solar energy goals
  3. Monitor the bill's progress through the Senate Environment and Energy Committee

Timeline

  • 2026-01-13: Bill introduced in Senate
Tied to people

No New Jersey official has a verified action on this policy yet.

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