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Eligibility for Revised ADI Incentive (SREC-IIs) Values Per Market Segment
Net-Metered Residential Market Segment, the incentive level reduction will apply to solar facilities that have submitted a complete registration in the ADI Program on or after the effective date of the Board Order, March 13, 2023. Net-Metered Residential registration packets that are submitted prior to March 13, 2023, that are rejected due to a major deficiency or are deemed to have a minor deficiency that do not comply within the seven business days set out in the rules, will be required to resubmit a new ADI registration. The new ADI registration will have no reference to the previous registration and will be eligible for the lower incentive level.
Non-Residential Market Segment, the incentive level increase will apply to solar facilities that submit new registrations and for registrations that have previously been registered in the ADI Program but have not yet been issued permission to operate from the Electric Distribution Company (EDC), as of the effective date of the Board Order, March 13, 2023.
Cadmus' performance-based incentive modeling report can be found at: https://njcleanenergy.com/renewable-energy/program-updates-and-background-information/solar-proceedings.
For any questions, please contact:
New Jersey’s Clean Energy Program
Successor Solar Incentive Program (SuSI)
Administratively Determined Incentive Program (ADI)
c/o TRC
317 George Street,
Suite 520,
New Brunswick, NJ 08901
njreinfo@njcleanenergy.com.
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