New Jersey Renewable Energy

New jersey has one of the most ambitious renewable portfolio standards in the country by requiring 35 of the energy sold in the state come from qualifying energy sources by 2025 and 50 by 2030.

New jersey renewable energy.

However in june 2018 the state decided to phase out srecs in favor of a new yet to be established successor solar program. New jersey s renewable portfolio standard was updated in 2018 to require that 21 of the electricity sold in the state be generated from renewable sources by 2021 35 by 2025 and 50 by 2030. In 2019 new jersey released its energy master plan. New jersey released a draft energy plan on monday that provides an initial blueprint for the total conversion of the state s energy profile to 100 percent clean energy by 2050.

The rps requires each electricity supplier serving retail electricity customers in the state to procure 22 5 of the electricity it sells in new jersey from qualified renewable energy resources by 2021. By investing in renewable energy you can help protect the environment reduce our dependence on fossil fuels and lessen our carbon footprint. Nj renewable energy specializing in residential and commercial solar panel installation. New jersey s renewable portfolio standard rps is one of the most aggressive in the u s.

Above all the state s renewable portfolio standard and associated solar renewable energy certificate srec market have been instrumental towards growing solar throughout the state. New jersey s clean energy picture. Corporation through an extensive public stakeholder process. New jersey is advancing and diversifying its clean energy portfolio through leadership and strong policy.

Roof and ground mounted systems to 5 megawatts. Pathway to 2050 a plan to meet 100 of the state s energy needs with clean energy by 2050. A quick background of solar incentives in new jersey. New jersey has a renewable portfolio standard rps that requires electric utility companies within the state to source 50 percent of its electricity from renewable technologies by 2030.

On september 9 2020 the board of public utilities approved the final new jersey offshore wind strategic plan the state s comprehensive roadmap for achieving 7 500 mw of offshore wind energy by 2035 the plan was developed by ramboll u s. This requires a set portion of this renewable electricity to come. New jersey offshore wind strategic plan.