The Clean Energy Act of 2018 required NJBPU to close the Solar Renewable Energy Certificate (SREC) Registration Program (SRP) to new registrations once 5.1% of the kilowatt-hours sold in the State are generated by solar electric power connected to the distribution system (known as the 5.1% Milestone).
Earlier this month, the Board determined that the market will reach the 5.1% Milestone on or before May 1, 2020, and
directed NJBPU Staff
to close the SRP to new registrations on April 30, 2020. In addition, NJBPU
recently established the Transition Incentive Program
to provide a bridge between the Legacy SRP and the Successor Program, which is currently being developed. The Transition Incentive Program
will be open to new registrations starting
May 1, 2020
after the SRP closes, and until the Solar Successor Program registration is established.
In order to provide stakeholders additional guidance regarding the Solar Transition, NJBPU Staff has developed a
Frequently Asked Questions
to provide information regarding the Solar Transition. This FAQ page will be updated regularly.
To guide stakeholders in this process, in partnership with NJBPU Staff, the SRP Administrator will be conducting a webinar,
“Navigating New Jersey’s Solar Transition.”
Webinar details are as follows:
Tuesday, April 28, 2020
Registration is required in order to attend the webinar.
After registering, you will receive a confirmation email containing instructions for joining the webinar and checking your system requirements. We encourage all webinar attendees to follow these instructions and check their systems in advance of the meeting.
Stakeholders will be able to submit questions during the webinar by using the chat function. Following the webinar, written responses to each question will be posted on
Thank you for your interest in New Jersey’s Solar Transition.