This bill amends the Community Solar Energy Pilot Program in New Jersey by removing the existing capacity limit for individual solar energy projects, which was previously capped at a maximum of five megawatts. The new legal language allows for solar energy projects of any size or capacity to participate in the program, thereby expanding opportunities for larger solar initiatives. Additionally, the bill maintains various requirements for the program, such as ensuring access for low and moderate-income customers, establishing geographic limitations, and setting standards for customer participation and project verification.

The bill also includes provisions for the Board of Public Utilities to adopt rules and regulations to convert the pilot program into a permanent program within 36 months. These regulations will continue to address aspects such as the value of credits on utility bills, verification of energy generation, and reporting requirements for project operators. Overall, the removal of the capacity limit aims to enhance the growth and effectiveness of community solar energy projects in New Jersey.

Statutes affected:
Introduced: 48:3-87.11